Intel said interim co-CEOs Michelle Johnston Holthaus and David Zinsner would each receive $1,500,000 in cash, payable at the end of the first quarter of 2025

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Intel said Michelle Johnston Holthaus and David Zinsner would each receive a cash payment of $1,500,000 for their service as interim co-chief executives, payable at the end of the first quarter of 2025. The filing followed an 8-K that Intel filed on Dec 2, 2024, which reported the board's appointment of Johnston Holthaus and Zinsner as interim co-CEOs. The filing said they would stop serving in those roles on Mar 18, 2025, when Lip-Bu Tan's appointment as chief executive took effect. Intel filed the 8-K/A, an amendment to an 8-K, on Mar 14, 2025.1^,2^,3^,4