The company said Michelle Johnston Holthaus and David Zinsner will each receive a cash payment of $1,500,000 for their service as Interim Co-CEOs, payable at the end of Q1 2025.

1. 01

   The company said Michelle Johnston Holthaus and David Zinsner will each receive a cash payment of $1,500,000 for their service as Interim Co-CEOs, payable at the end of Q1 2025.

2. 02

   The company said Lip-Bu Tan will be appointed Chief Executive Officer effective March 18, 2025, and Holthaus and Zinsner will cease to serve as Interim Co-CEOs on the same date.

3. 03

   Intel said Michelle Johnston Holthaus will continue as Chief Executive Officer, Intel Products, and David Zinsner will continue as Executive Vice President and Chief Financial Officer after their Interim Co-CEO roles end.

4. 04

   Intel said it had reported in its Form 8-K filed on December 2, 2024 that the Board had appointed the two as Interim Co-CEOs, and that this Form 8-K/A is intended to report their compensation.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.