Intel Corporation Announces CEO Michelle Johnston Holthaus' Departure

Intel Corporation's Chief Executive Officer Michelle Johnston Holthaus has informed the company of her decision to resign for Good Reason, effective March 1, 2026. Holthaus will remain in a non-executive role until her departure to ensure a smooth transition. As part of her departure, she will be entitled to severance benefits in accordance with the Intel Corporation Executive Severance Plan. The company's leadership is now expected to undergo a significant shift, with implications for Intel's future direction and operations.

Key Takeaways:

• Michelle Johnston Holthaus, Intel's CEO, has notified the company of her decision to resign for Good Reason, citing her desire to leave the role effective March 1, 2026.
• Holthaus will remain in a non-executive role at Intel until her departure date, ensuring a smooth transition of responsibilities.
• The CEO's resignation is subject to the terms and conditions of the Intel Corporation Executive Severance Plan, which provides severance benefits in exchange for a release of claims against Intel.
• Holthaus' decision to resign is expected to have significant implications for Intel's future direction, operations, and leadership.
• The company's board of directors will now must navigate a period of transition, potentially impacting Intel's strategic priorities, investments, and organizational structure.

Statistics:

• Effective date of Michelle Johnston Holthaus' resignation: March 1, 2026
• Period of Holthaus' non-executive role: September 7, 2025 to March 1, 2026
• Duration of Holthaus' severance benefits: Upon departure, subject to the terms of the Intel Corporation Executive Severance Plan

Sources:

• Intel Corporation, Form 8-K filing (September 8, 2025)
• Securities and Exchange Commission, 17 CFR 230 (Securities Act of 1933)
• SEC, 17 CFR 240 (Securities Exchange Act of 1934)