Intel Welcomes Eric Meurice And Steve Sanghi As Independent Directors

Intel has announced the appointment of Eric Meurice, former Chief Executive Officer (CEO) of ASML, and Steve Sanghi, Chairman and interim CEO of Microchip Technology, as Independent Directors, effective immediately.

Frank D. Yeary, Intel’s interim Executive Chair, highlighted their expertise in semiconductor leadership. Meurice, who led ASML’s growth and innovation, was instrumental in its customer co-investment program with Intel. Sanghi, a long-time Microchip CEO, raised the company’s market value considerably. Contributing to Intel’s evolution and competitiveness in the market excited both leaders. Their additions are anticipated to enhance Intel’s profitability, efficiency, and strategic priorities.