Summary by Moomoo AI
On August 19, 2024, Lip-Bu Tan submitted his immediate resignation from Intel Corporation's Board of Directors, citing increasing demands on his time as the primary reason for his departure.In his statement, Tan expressed gratitude for his opportunity to serve on the Intel Board and emphasized that his decision was personal, driven by the need to reprioritize various commitments. He affirmed his continued support for the company and its mission. The Board acknowledged Tan's contributions during his tenure with the company.
