Intel’s (INTC) board chair since 2023, Frank Yeary, and a director since 2009, announced his retirement effective after the company’s annual shareholder meeting on May 13, 2026.
He will be succeeded by Dr. Craig H. Barratt, a current board member.
Barratt joined Intel’s board in late 2025 and brings decades of experience in semiconductors and technology leadership, including roles at Qualcomm (QCOM) and Google (GOOG).
The departure marks another board shakeup at Intel (INTC), following three retirements shortly after CEO Lip-Bu Tan’s appointment last year.