Menu
Former Intel CFO Bryant to become chairman next month

Former Intel CFO Bryant to become chairman next month

Andy Bryant was being groomed for the post as board chief

Intel's former chief financial officer and current director Andy Bryant will take over as the company's board chairman next month after the retirement of current chairman Jane Shaw, according to a document filed with the U.S. Securities and Exchange Commission on Wednesday.

Bryant has already been approved by the company's board of directors, and his appointment as chairman is now subject to shareholder approval. The move was largely expected because Bryant was being groomed to be the company's next chairman as Shaw's retirement date approached.

Bryant was appointed vice chairman of the Intel's board in July last year. Bryant worked at Intel for decades and most recently served as chief administrative officer, where he monitored the company's IT spending, manufacturing and finances. He held the post until January this year.

"The Board determined that it and the company can benefit through Mr. Bryant's extensive experience with Intel that includes 13 years of service as our CFO, and more recently as the senior executive responsible for the Technology and Manufacturing Group, Information Technology, Human Resources, and Finance," Intel said in proxy statement.

Shaw was an independent director and became the chairman of the board in May 2009. Prominent IT industry executives have held the post of Intel's chairman in the past, including former CEO Craig Barrett from 2005 until 2009 and former CEO Andy Grove from 1997 until 2005. With Shaw's retirement, the size of Intel's board will shrink to 10 directors.

Intel's annual shareholder meeting will be held in Santa Clara, California, on May 17.

Agam Shah covers PCs, tablets, servers, chips and semiconductors for IDG News Service. Follow Agam on Twitter at @agamsh. Agam's e-mail address is agam_shah@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

New Zealanders kick-started EDGE 2018 with a bout of Super Rugby before a dedicated New Zealand session, in front of more than 50 partners, vendors and distributors on Hamilton Island.​

EDGE 2018: Kiwis kick back with Super Rugby before NZ session
EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018 kicked off with a dedicated New Zealand track, highlighting the key customer priorities across the local market, in association with Dell EMC. Delivered through EDGE Research - leveraging Kiwi data through Tech Research Asia - more than 50 partners, vendors and distributors combined during an interactive session to assess the changing spending patterns of the end-user and the subsequent impact to the channel.

EDGE 2018: Kiwis assess key customer priorities through NZ research
Show Comments