plus a reform of Intel's corporate governance and internal procedures to protect shareholders from a repeat of the incident. A shareholder derivative lawsuit is brought by a shareholder or group ...

Specifically, it alleges that the board’s inaction ... harm and reputational damage to Intel,” it added. The plaintiff seeks remedies including corporate governance reforms and restitution ...

Ishrak will remain on Intel’s board as an independent director and serve on the audit and finance committee and corporate governance and nominating committee. He has been on Intel’s board ...

Looking Ahead: The board reshuffle is intended to drive long-term growth and operational efficiency. Investors expect the new governance structure to improve Intel's competitive position.

Most are physically present at board meetings but, like at Intel, too many appear disengaged. In the latest annual survey by PwC, a consultancy, only 30% of executives rated their board’s ...

Intel (NASDAQ:INTC) said on Thursday that three members of its board of directors would be stepping down as the embattled chipmaker reshapes itself under new Chief Executive Lip Bu-Tan.

Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to turmoil at one of the pioneers of the ...