Intel's new CEO Lip-Bu Tan rejects three proposals from shareholders at first AGM, including one on Israel
Intel shareholders approved a stock reserve plan to attract talent and a $42 million stock award for CEO Lip-Bu Tan, following his appointment after Pat Gelsinger's dismissal. Shareholders rejected proposals on Israel operations and reporting. Tan aims to revive Intel's AI business and streamline operations amid financial challenges and intense competition in the semiconductor industry.
Intel shareholders approved a stock reserve plan to attract talent and a $42 million stock award for CEO Lip-Bu Tan, following his appointment after Pat Gelsinger's dismissal. Shareholders rejected proposals on Israel operations and reporting. Tan aims to revive Intel's AI business and streamline operations amid financial challenges and intense competition in the semiconductor industry.
