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Top related persons:
Morgan Stanley - 1 Pat Gelsinger - 1 Morgan Stanley's - 1 it's - 1 Dan Loeb's - 1 Frank Yeary - 1 Camberview - 1 Tan - 1
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Search resuls for: "Frank Yeary"


3 mentions found


☆ Intel has hired Morgan Stanley, other advisers for activist defense
  + stars: | 2024-08-23 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +2 min
Intel is working with advisors including Morgan Stanley to help defend itself against activist investors, according to people familiar with the matter, as CEO Pat Gelsinger attempts to turn around the struggling chipmaker. While Intel has faced activist pressure in the past, no new campaign has been formally launched and it isn't clear if an activist investor has been in contact with the company's board. Morgan Stanley has previously worked with Intel, including in the company's 2022 spinoff of Mobileye . The sources with knowledge of Morgan Stanley's latest involvement asked not to be named due to confidentiality. Representatives for Intel and Morgan Stanley declined to comment.
Persons: Morgan Stanley, Pat Gelsinger, Morgan Stanley's, it's, Dan Loeb's, Frank Yeary, Camberview, Tan, — CNBC's Alex Sherman, Kif Leswing Organizations: Intel, Nvidia, Devices, Broadcom, Qualcomm, Texas, Wall
☆ Intel Names Longtime Director Frank Yeary as Board Chairman
  + stars: | 2023-01-24 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
Intel Corp. said Monday that it appointed Frank Yeary as chairman of its board of directors, succeeding Omar Ishrak in the role. The semiconductor giant said that Mr. Ishrak decided to step down as chairman. A former chief executive of the medical device company Medtronic PLC, Mr. Ishrak will remain on Intel’s board as an independent director and serve on the audit and finance committee and corporate governance and nominating committee. He has been on Intel’s board since 2017.
☆ Intel Chairman Omar Ishrak steps down
  + stars: | 2023-01-23 | by ( ) www.reuters.com   time to read: 1 min
Jan 23 (Reuters) - Intel Corp (INTC.O) said on Monday Chairman Omar Ishrak had stepped down and the chipmaker appointed board director Frank Yeary as his replacement. Ishrak, who was named chairman in 2020, played an important role in bringing Pat Gelsinger as Intel's chief executive from VMware to drive change at the company, which is restructuring its business to catch up with rivals. Yeary, a director of Intel since 2009, also serves on the board of PayPal Holdings (PYPL.O), Intel's Mobileye (MBLY.O), and a number of private companies. Reporting by Chavi Mehta in Bengalur; Editing by Maju SamueluOur Standards: The Thomson Reuters Trust Principles.
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