Intel's Board Chair Yeary Heading for the Exit in May
Frank Yeary will retire as Intel board chair after the annual meeting, with Craig Barratt stepping into the role.
Intel is shaking up its boardroom leadership. Frank Yeary, who has chaired the board since landing his seat back in 2009, plans to retire following the chipmaker's annual meeting in May.
His replacement: Craig Barratt.
Yeary's tenure spans over 15 years — a stretch that covered Intel's rise, stumble, and ongoing effort to claw back relevance in the semiconductor race. The leadership swap comes as Intel continues navigating one of the most turbulent chapters in its history, fighting to regain manufacturing competitiveness and fend off rivals who've eaten into its dominance.
The transition was announced Tuesday. No drama, no surprises — just a planned handoff. Whether Barratt brings a different strategic vision to Intel's board remains to be seen, but the changing of the guard is now officially on the calendar.