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| **Category**               | **Details**                                                                                                                                                                                                 |
|----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Why in News?**            | Intel appoints **Lip-Bu Tan** as CEO, effective **March 18, 2025**.                                                                                                                                    |
| **New CEO**                 | **Lip-Bu Tan**, an expert in the semiconductor industry, replaces **David Zinsner & Michelle Johnston Holthaus** as interim co-CEOs.                                                                     |
| **Leadership Changes**      | - **David Zinsner** remains **Executive VP & CFO**. - **Michelle Johnston Holthaus** continues as **CEO of Intel Products**. - **Frank D. Yeary** returns to his role as **Independent Chair**.            |
| **Tan's Background**         | Former **CEO & Executive Chairman of Cadence Design Systems** (2009-2023).                                                                                                                                |
| **Impact on Intel**          | - Strengthen **process technology & foundry business**. - Improve **customer engagement & market positioning**. - Regain **investor confidence**.                                                          |
| **Industry Recognition**     | Received **Robert N. Noyce Award (2022)** for contributions to the semiconductor sector.                                                                                                                 |


Category	Details
Why in News?	Intel appoints Lip-Bu Tan as CEO, effective March 18, 2025.
New CEO	Lip-Bu Tan, an expert in the semiconductor industry, replaces David Zinsner & Michelle Johnston Holthaus as interim co-CEOs.
Leadership Changes	- David Zinsner remains Executive VP & CFO. - Michelle Johnston Holthaus continues as CEO of Intel Products. - Frank D. Yeary returns to his role as Independent Chair.
Tan's Background	Former CEO & Executive Chairman of Cadence Design Systems (2009-2023).
Impact on Intel	- Strengthen process technology & foundry business. - Improve customer engagement & market positioning. - Regain investor confidence.
Industry Recognition	Received Robert N. Noyce Award (2022) for contributions to the semiconductor sector.

Intel Appoints Lip-Bu Tan as New CEO Effective March 2025