Intel, one of the world’s leading chip manufacturers, is going to a significant change in senior management. According to the company’s statement, three members of the board of directors will not be a candidate again at the annual meeting in May.

Among the names to be released are the former CEO of Medtronic Omar Ishk, Doctor and philanthropist Risa Lavizzo-Mourey and California University, Berkeley Dean of the Faculty of Engineering TSU-Jae King Liu.

These separations took place immediately after Intel brought Lip-Bu Tan to the CEO seat at the beginning of this month. Tan was replaced by Pat Gelinger, who left his post in December. Intel, including the new CEO Lip-this Tan, all of the executives who are currently working on the board of directors nominated.

The company’s shares lost about 49 percent in the last year and questioned the independent future of Intel. Especially the low market share in artificial intelligence chips and high investments in new chip factories caused question marks.

“A new Intel”

Intel aims to restructuring under the leadership of Lip-Tan. Frank Yeary, Chairman of the Company, said in a letter to the stakeholders that they have committed to having the right skills, quality and technical expertise mixture on the board of directors.

“With Lip-Bu’s start, we continue to evaluate our business honestly in a way that will increase our profitability and provide more returns than gradual investments based on many powerful aspects of Intel,” year.

The new CEO Lip-this Tan will make important statements about the future of the company at the Intel Vision event in Las Vegas next week. In his speech titled “A New Intel”, he is expected to share details about the latest developments in the world of technology and the company’s strategic roadmap.