Intel Corporation (INTC) was founded in 1968 by Robert Noyce and the father of Moore’s Law, Gordon Moore. Noyce and Moore left Fairchild Semiconductor to launch a new venture, NM Electronics. Several months later, they purchased the rights for the name Integrated Electronics Corporation from a company called Intelco. In 1969, they developed the Intel logo, with the “e” dropped below the other letters. That same year, Intel introduced its first product, the 3101 random access memory (RAM) chip.
In 1974, Intel introduced the first, general-purpose microprocessor, the 8080. Intel began marketing its famous 8086 microprocessor in 1978. It was the first in the company’s successful series of x86 microprocessor chips. The first Pentium microprocessor in 1993 was five times more powerful than the i486.
Intel is one of the world’s largest semiconductor companies, with an annual net revenue of $79 billion in the fiscal year 2021. On Feb. 15, 2021, Intel named Patrick Gelsinger as chief executive officer (CEO).
Here are five of the company’s key individual shareholders.
Key Takeaways
- Santa Clara, California-based Intel is one of the world’s biggest semiconductor makers.
- Key individual shareholders include former board chair Andy Bryant and former CEOs Brian Krzanich and Robert Swan.
- As well, former employees Stacy Smith and Diane Bryant also hold sizable positions.
1. Andy Bryant
Andy D. Bryant joined Intel in 1981 as the controller for the company’s commercial memory systems operation. He became the firm’s chief financial officer (CFO) in 1994, before rising to the role of chief administrative officer (CAO) in 2007. He was named a director in 2011.
From 2012 to 2020, Bryant was chair of the board. Bryant owns 413,052 shares directly as of the last Form 4 filing.
2. Brian Krzanich
Brian Krzanich served as the company’s CEO from May 2013 until stepping down on June 21, 2018. Krzanich joined the company in 1982, working as a process engineer in New Mexico. After working as a manufacturing manager at several Intel factories, he served as the Fab 17 plant manager, from 1997 to 2001.
At the Fab 17 plant, Krzanich oversaw the integration of Digital Equipment Corporation’s semiconductor manufacturing operations into Intel’s manufacturing network. Krzanich owns 253,590 shares.
3. Robert Swan
Robert Swan joined Intel in October 2016 as the chief financial officer (CFO), after serving as CFO of TRW Inc., Electronic Data Systems, and eBay. After former CEO Brian Krzanich resigned on June 21, 2018, Swan stepped in as interim CEO for seven months. On Jan. 31, 2019, Swan was named CEO, but stepped down in February 2021. Swan owns 422,801 shares directly.
4. Stacy Smith
Stacy Smith was the group president of manufacturing, operations, and sales for Intel until Jan. 31, 2018. Smith previously served as the company’s executive vice president and CFO. He joined the company in 1988 and has worked for Intel in the United States, Asia, Europe, and Latin America, holding positions in finance, information technology, sales, and marketing. Smith holds 183,958 shares of Intel.
5. Diane Bryant
Diane Bryant was Intel’s executive vice president and general manager for their Data Center Group but left the company due to personal reasons. Between 2008 and 2012, she served as corporate vice president and chief information officer, responsible for corporate-wide information technology solutions and services. Bryant holds 112,140 shares of Intel.