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INTEL CORP 8-K-A Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Intelligent Protection Manageme
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Filing date:

03/14/2025

TLDR:

Intel Corporation reported that Michelle Johnston Holthaus and David Zinsner will each receive a $1,500,000 cash payment for their service as Interim Co-CEOs, and they will cease to serve in those roles upon Lip-Bu Tan’s appointment as Intel’s Chief Executive Officer effective March 18, 2025.

ELI5:

Intel’s temporary bosses, Michelle Johnston Holthaus and David Zinsner, are getting paid $1.5 million each for filling in. A new CEO, Lip-Bu Tan, is starting on March 18, 2025, and then the temporary bosses will go back to their old jobs.

Accession #:

0000050863-25-000037

Published on

Analyst Summary

  • Michelle Johnston Holthaus and David Zinsner served as Interim Co-Chief Executive Officers of Intel.
  • Each Interim Co-CEO will receive a cash payment of $1,500,000 for their service, payable at the end of the first quarter of 2025.
  • Lip-Bu Tan will become Intel’s Chief Executive Officer effective March 18, 2025.
  • Upon Lip-Bu Tan’s appointment, Ms. Holthaus and Mr. Zinsner will cease to serve as Interim Co-CEOs, resuming their previous roles within the company.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️