8-K

 

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): November 29, 2017

 

LOGO

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 May 3, 2017, Intel Corporation (“Intel”) reported that Diane Bryant would cease to serve as head of Intel’s Data Center Group and would take a personal leave of absence, which was expected to last approximately six to eight months. On November 29, 2017, Ms. Bryant notified Intel that she will not be returning to Intel and plans to retire from the company effective as of December 1, 2017.

In connection with her departure, Intel expects to enter into an agreement with Ms. Bryant pursuant to which Ms. Bryant will agree to certain restrictions on the use of confidential information and on solicitation of Intel employees, and will grant a customary release, and Intel will make a separation payment of $4.5 million to Ms. Bryant. In addition, Ms. Bryant is retirement-eligible under Intel’s benefit plans and will receive the retirement benefits described in Intel’s proxy statement for the 2017 Annual Stockholders’ Meeting, filed with the Securities and Exchange Commission on April 6, 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: November 30, 2017    

/s/ Susie Giordano

    Susie Giordano
    Corporate Vice President and Corporate Secretary