UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 19, 2017
INTEL CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware |
000-06217 |
94-1672743 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
| 2200 Mission College Blvd., Santa Clara, California |
95054-1549 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (408) 765-8080
| Not Applicable |
| (Former name or former address, if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ☐ | |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ | |
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 22, 2017, Intel Corporation (the “Company”) announced that Stacy J. Smith, Group President of Manufacturing, Operations and Sales, has decided to retire at the end of January 2018. Mr. Smith notified the Company of his decision on August 19, 2017. The Company’s announcement and internal communication regarding Mr. Smith’s retirement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
On August 23, 2017, the Company announced a separate, unrelated, leadership transition for its Sales and Marketing Group (“SMG”). Michelle Johnston Holthaus, Vice President and leader of the Company’s Client and Computing Sales Group, will become the head of SMG, effective September 6, 2017. Gregory R. Pearson, the Company’s current Senior Vice President, General Manager of SMG, will remain on the Company’s management committee and is expected to take on a new role with the Company, which will be announced at a later date.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
The following exhibit is furnished as part of this Report:
| Exhibit Number |
Description | |
| 99.1 | Company’s Announcement and Internal Communication dated August 22, 2017 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INTEL CORPORATION | ||||
| (Registrant) | ||||
| Date: August 23, 2017 | /s/ Steven R. Rodgers | |||
| Steven R. Rodgers | ||||
| Executive Vice President and General Counsel | ||||
Exhibit 99.1
Stacy Smith to Retire after 30 Years at Intel
In an email today, Intel CEO Brian Krzanich announced that Stacy Smith, Group President of Manufacturing, Operations and Sales at Intel, has decided to retire from the company at the end of January 2018. Krzanich said:
“With warm wishes, I’m writing to let you know that after thirty years at Intel, Stacy Smith has decided to retire from Intel at the end of January, 2018.
I want to thank Stacy for his leadership and his many outstanding contributions to Intel’s success. Stacy is a key pillar of our MCM team and a mentor and friend to so many at the company. His career at Intel has spanned every geography and many organizations – from head of EMEA Sales and Marketing, Chief Information Officer, nine years as Chief Financial Officer, and most recently, President of Manufacturing, Operations and Sales. Stacy helped guide Intel through the great recession as CFO and has been instrumental in helping to transform Intel from PC to data-centric. For me personally, Stacy has been an incredibly valued colleague, and I will miss him.”