Intel announced yesterday after market close that they have hired Micron CFO Dave Zinsner as their new CFO, replacing George Davis, who is retiring:
Similar to my comment on the Micron board, I think this is neutral for Intel investors. Zinsner has been a good CFO at Micron and communicates well with analysts. For a company like Intel, it is expected to be able to attract a proven finance leader like Zinsner.
-Smooth H. (no INTC position)