Intel 2002 Annual Report Download - page 17

Andrew S. Grove (age 66) has been a director of Intel since 1974 and Chairman of the Board since 1997. Dr. Grove was Chief Executive
Officer from 1987 to 1998, President from 1979 to 1997 and Chief Operating Officer from 1976 to 1987.
Paul S. Otellini (age 52) has been a director of Intel since May 2002, and President and Chief Operating Officer since January 2002. Prior to
that, Mr. Otellini was Executive Vice President and General Manager, Intel Architecture Group, from 1998 to January 2002; Executive Vice
President and General Manager, Sales and Marketing Group, from 1996 to 1998; and Senior Vice President and General Manager, Sales and
Marketing Group, from 1993 to 1996.
Leslie L. Vadasz (age 66) was a director of Intel from 1988 to May 2002, has been a Director Emeritus of Intel since May 2002 and has
been Executive Vice President and President, Intel Capital, since 2000. Prior to that, Mr. Vadasz was Senior Vice President and Director of
Corporate Business Development from 1991 to 2000.
Andy D. Bryant (age 52) has been Executive Vice President and Chief Financial and Enterprise Services Officer since 2001, and Senior
Vice President and Chief Financial and Enterprise Services Officer from 1999 to 2001. Prior to that, Mr. Bryant was Senior Vice President and
Chief Financial Officer in 1999, and Vice President and Chief Financial Officer from 1994 to 1999.
Sean M. Maloney (age 46) has been Executive Vice President and General Manager, Intel Communications Group, since 2001. Prior to
that, Mr. Maloney was Executive Vice President and Director, Sales and Marketing Group, in 2001; Senior Vice President and Director, Sales
and Marketing Group, from 1999 to 2001; Vice President and Director, Sales and Marketing Group, from 1998 to 1999; and Vice President,
Sales, and General Manager, Asia-Pacific Operations, from 1995 to 1998.
Michael R. Splinter (age 52) has been Executive Vice President and Director, Sales and Marketing Group, since 2001. Prior to that,
Mr. Splinter was Executive Vice President and General Manager, Technology and Manufacturing Group, in 2001; Senior Vice President and
General Manager, Technology and Manufacturing Group, from 1999 to 2001; Vice President and General Manager, Technology and
Manufacturing Group, from 1998 to 1999; and Vice President and Assistant General Manager, Technology and Manufacturing Group, from
1996 to 1998.
F. Thomas Dunlap, Jr. (age 51) has been Senior Vice President and General Counsel since 2001, and Vice President and General Counsel
from 1987 to 2001. Mr. Dunlap served as Secretary from 1983 to December 2002.
Arvind Sodhani (age 48) has been Vice President and Treasurer since 1990.
Robert J. Baker (age 47) has been Senior Vice President and General Manager, Technology and Manufacturing Group, since 2001, and
Vice President and General Manager of Components Manufacturing from 2000 to 2001. Prior to that, Mr. Baker managed Fab Sort
Manufacturing from 1999 to 2000 and Microprocessor Components Manufacturing from 1996 to 1999.
Sunlin Chou (age 56) has been Senior Vice President and General Manager, Technology and Manufacturing Group, since 1998. Mr. Chou
was Vice President, Technology and Manufacturing Group, from 1988 to 1998.
Ronald J. Smith (age 56) has been Senior Vice President and General Manager, Wireless Communications and Computing Group, since
2001, and Vice President, Wireless Communications and Computing Group, from 1999 to 2001. Prior to that, Mr. Smith was Vice President and
General Manager, Computing and Enhancement Group, from 1996 to 1999.
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Corporate Governance
Corporate governance is typically defined as the system that allocates duties and authority among a company's stockholders, board of
directors and management. The stockholders elect the board and vote on extraordinary matters; the board is the company's governing body,
responsible for hiring, overseeing and evaluating management, particularly the Chief Executive Officer (CEO); and management runs the
company's day-to-day operations. The primary responsibilities of Intel's Board of Directors are oversight, counseling and direction to Intel's
management in the long-term interests of Intel and its stockholders. The Board's detailed responsibilities include: (a) selecting, regularly
evaluating the performance of, and approving the compensation of the Chief Executive Officer and other senior executives; (b) planning for
succession with respect to the position of Chief Executive Officer and monitoring management's succession planning for other senior executives;
(c) reviewing and, where appropriate, approving Intel's major financial objectives, strategic and operating plans and actions; (d) overseeing the
conduct of Intel's business to evaluate whether the business is being properly managed; and (e) overseeing the processes for maintaining Intel's
integrity with regard to its financial statements and other public disclosures and compliance with law and ethics. The Board of Directors has
delegated to the Chief Executive Officer, working with Intel's other executive officers, the authority and responsibility for managing Intel's
business in a manner consistent with Intel's standards and practices, and in accordance with any specific plans, instructions or directions of the
Board. The Chief Executive Officer and management are responsible to seek the advice and, in appropriate situations, the approval of the Board
with respect to extraordinary actions to be undertaken by Intel.