Intel Ex-CFO Stacy Smith Returns to Chipmaker as Board Member

Intel veteran Stacy Smith is rejoining the company as a board member.Photographer: Takaaki Iwabu/Bloomberg
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Former Intel Corp. Chief Financial Officer Stacy Smith will return to the company as a board member, stepping in to help the chip pioneer with an ambitious comeback effort.

The 61-year-old executive will join the board as part of the audit and finance committee, Intel said in a statementBloomberg Terminal Wednesday. The move is effective immediately.