Market Chatter: Intel CEO Shortlist Includes Former Board Member Lip-Bu Tan

MT Newswires Live12-03 23:07

Intel (INTC) has created a shortlist of candidates for the role of chief executive, including former board member Lip-Bu Tan, Reuters reported Tuesday, citing people familiar with the matter.

Tan has been approached by Intel's board in recent days to gauge his interest in replacing ousted CEO Pat Gelsinger, the sources told Reuters.

Intel did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 23.15, Change: -0.79, Percent Change: -3.28

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