Intel announces three members of the Board of Directors who will retire after re -photographing the CEO

Three members Intel The company said in a On Thursday.

Omar Echart, former CEO of Medtronic; Risa lavizzo-mourey, doctor and improved; King-Jae King Liu, Dean of the University of California, Berkeley, will retire from the Board of Directors at the annual meeting of Intel in May.

Intel has nominated 11 directors, all of whom are currently serving the board of directors, including the new CEO Lip-Bu Tan.

The disposal process comes after it was called Intel Tan to lead the faltering chips maker earlier this month, Pat gelsiner replacementWho left the company in December. Intel shares decreased by approximately 49 % over the past year, anxious about the company’s spending on new chips factories and their stake in the small market in artificial intelligence chips.

Tan will generally speak next week at the company’s Las VIPSAS event. The celebration hall is expected to be treated by the executives of institutions technology around Intel’s future. The conversation entitled “New Intel”.

Intel is obliged to have the correct mix of “skills, qualifications and technical expertise” in its board of directors, and the Chairman of the Board Frank Yoneri wrote in a letter to shareholders.

“With the lips now on the plane, we continue to make a honest evaluation of the company to build on the many Intel strengths in ways that improve our profit and pay gradual returns on the increasing investments,” Yeari wrote.