Intel welcomes Barbara Novick to its Board as Independent Director

– USA, CA –  Intel Corporation (Nasdaq: INTC) today announced the election of Barbara Novick to its board as an independent director, effective Dec. 1, 2022.

“As co-founder and leader of one of the world’s most successful investment firms, Barbara brings a unique perspective to Intel’s board. With her deep experience in investment and finance as well as broad business acumen, Barbara will be a strong advocate for the interests of our stockholders as Intel continues its transformation,” said Board Chairman, Omar Ishrak.

Barbara Novick will also join the Audit & Finance and Compensation committees.

About Barbara G. Novick

Barbara Novick co-founded BlackRock in 1988 and continued as its vice-chairman until February 2021, when she transitioned to senior advisor. In 2009, she established BlackRock’s Global Government Relations and Public Policy Group to provide a voice for investors, which she headed until 2021; and from 2018 to 2020, she additionally oversaw BlackRock’s Global Investment Stewardship team.

“With its compelling IDM 2.0 strategy, vision, and drive, Intel is in a position to capitalize on a tremendous opportunity as the world becomes ever more digital,” said Barbara Novick. “I am excited to join the board of directors and do my part to help the company transform for long-term success and unlock value for all its stockholders.”

Barbara Novick has served since 2021 on the boards of directors of New York Life Insurance Co., a mutual insurance company, and American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing by American banks and financial institutions. She also serves on the boards of the Peterson Institute for International Economics, 100 Women in Finance, Committee on Capital Markets Regulation, and the Millstein Center for Global Markets and Corporate Ownership, and the advisory boards of Growth Curve Capital and the Center for Financial Stability. She previously served on the boards of Cornell University from 2012 to 2020 and the Investment Company Institute from 2015 to 2021.

Barbara Novick earned a Bachelor of Arts, cum laude, in economics from Cornell University. She has authored numerous articles on asset management and public policy issues and over her career has received numerous awards and accolades, including Barron’s 100 Most Influential Women in U.S. Finance in 2020.

About Intel

Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ most significant challenges. By embedding intelligence in the cloud, network, edge, and every kind of computing device, we unleash the potential of data to transform business and society for the better.

For more information: https://www.intel.com

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