Intel Board Scores Two New Directors
In related news, the company has also announced that John J. Donahoe (pictured), president and CEO of eBay Inc., and Frank D. Yeary, vice chancellor of the University of California Berkeley, have been elected to serve on Intel's board of directors. This follows the departure of Carol A. Bartz, CEO of Yahoo! Inc., from Intel's board. President and CEO Paul Otellini stated that he was "very pleased to have John Donahoe and Frank Yeary join the Intel board," and he noted that both of them bring "a wealth of strategic business and financial experience that will assist us now and going forward." He also proclaimed that he was sad to see Carol leave, but he did take the opportunity to thank her for her service and wish her the best at her new role at Yahoo!.