Intel Shores Up Board With Microchip CEO, Former ASML Chief

  • Move follows departure of CEO Pat Gelsinger earlier this week
  • Company is attempting to stage biggest comeback in its history

Eric Meurice and Steve Sanghi

Source: Business Wire
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Intel Corp., the embattled chipmaker seeking a new chief executive officer, added two semiconductor industry veterans to its board in a move the company said would bring “experience and operational vigor.”

Former ASML Holding NV CEO Eric Meurice and Microchip Technology Inc. head Steve Sanghi have been appointed to the board, effective immediately, Intel said in a statementBloomberg Terminal Thursday. They will serve as independent directors, the company said.