On March 3 local time, Intel announced that its board of directors has elected Craig Barratt as the new chairman, with the appointment set to officially take effect after the company's annual shareholders' meeting on May 13. Barratt will succeed Frank Yeary, who is retiring from the board and not seeking re-election. Yeary has been a member of Intel's board of directors since 2009 and has served as chairman since 2023.
