Intel Corporation announced that chairman Andy Bryant stepped down from his position as chairman. He will be replaced there by Dr. Omar Ishrak, a former executive at General Electric and current CEO of Medtronic. According to a press release, Bryant will remain at Intel as a board member until after Intel’s 2020 stockholders’ meeting. At the same time, Intel announced that Alyssa Henry was elected to the board of directors. Henry served as seller lead for Square Inc. since 2014, and formerly worked with Amazon and Microsoft.
“I want to thank and congratulate Andy for over seven years’ service as chairman of the board,” said Bob Swan, CEO of Intel. “He has led the board with integrity and always with Intel’s best interest in mind.” Bryant notified the board in March last year that he would not seek re-election, and decided "to leave the role now in order to facilitate an effective transition," the statement said.
On his replacement, Bryant said, “I have full confidence in Omar leading the board, which is fortunate to have his expertise at leading an innovative, global company.” Bryant also complimented Intel’s newest board member in the statement, saying “Alyssa’s wealth of senior leadership, cloud computing and emerging technologies experience further strengthens Intel’s board.”
