INTEL CORPORATION (NASDAQ:INTC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On May 3, 2017, Intel Corporation (the “Company”) announced that, effective May 31, 2017, Diane Bryant, Group President of the Company’s Data Center Group (“DCG”), will take a personal leave of absence. Ms. Bryant’s leave is expected to last approximately six to eight months. Navin Shenoy, Senior Vice President and General Manager for the Client Computing Group (“CCG”), will change roles and assume responsibility for DCG, and Ms. Bryant will be appointed to a new position when she returns from her leave. Dr. Venkata (Murthy) Renduchintala, Group President of the Client and Internet of Things Businesses and Systems Architecture, whose organization includes CCG, will serve as acting head of CCG.
About INTEL CORPORATION (NASDAQ:INTC)
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. INTEL CORPORATION (NASDAQ:INTC) Recent Trading Information
INTEL CORPORATION (NASDAQ:INTC) closed its last trading session up +0.40 at 37.10 with 35,813,021 shares trading hands.
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