The new head of this governing body has extensive experience in the field of investment.
Intel didn’t wait until its quarterly report to announce that Frank Yeary, who has been on the board since 2009 as an independent director, has taken over as chairman. Frank is an investment advisor with extensive experience in the field. At the same time, he is a member of the board of directors of Mobileye, PayPal and a number of private companies.
Image Source: Intel
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As chairman of the board, Frank Yiri succeeds Omar Ishrak, who has been in office since 2020 and has been very involved in Patrick Gelsinger’s return to the CEO position. After stepping down as chairman of the board of directors, Ishrak will remain on this board of the company as an independent director. In turn, Frank Yiri, although he acknowledged that Intel faces many tasks, expressed confidence that the right strategy was chosen to solve them.
