Technology giant, Intel Corporation recently announced that it has elected former HP Inc CEO Dion J. Weisler to Intel’s Board of Directors. Weisler will serve as an Independent Director and Member of the Compensation and Finance Committees.
The Santa Clara, Calif.-based company announced Weisler’s appointment Wednesday, nearly a year after the former HP chief executive announced he was leaving the PC and printer giant due to a family health matter.
Commenting on Weisler’s addition to the board, Intel Chairman Omar Ishrak said, “We are excited to welcome Dion to the board. He brings a deep understanding of the Intel customer experience and a wealth of technical industry knowledge spanning client, cloud and network computing. Dion also shares Intel’s strong commitment to corporate responsibility, having championed diversity and inclusion as well as sustainability while leading HP.”
Weisler, 52, has extensive global executive experience, including serving as the President and Chief Executive Officer of HP Inc. from 2015 to 2019. Prior to that, he held senior executive roles at HP Co. and Lenovo Group Inc., where he was responsible for various operations in Asia Pacific and globally. His experience also includes management positions with Telstra Corp. Ltd., a telecommunications company, and Acer Inc.
Weisler also has significant public company board experience. This includes serving on the HP Inc. board from 2015 to May 2020. He currently serves as a director on the boards of Thermo Fisher Scientific Inc. and BHP.
“Having admired Intel for more than three decades as the company that fueled computers as we know it, I’m honored and excited to join them as they transform to capitalize on new markets fueled by the incredible growth of data and intelligence. Their rich entrepreneurial culture, unique innovation and scale positions Intel to drive a positive global impact for decades to come,” Weisler said.
Intel’s company bylaws designate a range of nine to 15 board members. With this addition, there are currently 10 members on the board. Since 2018, Intel has added four independent directors, half of whom are women, including one who is an underrepresented minority.
“In the last two years, Intel has made significant changes to its board of directors, having reduced the average tenure, added critical skills and increased board diversity,” Ishrak said.
“While we view this as positive progress, we are not satisfied. Consistent with Intel’s values, we expect to continue adding additional directors with a specific focus on increasing the representation of racially and ethnically diverse board members,” he added.
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