Intel Corporation · NASDAQ:INTC
Intel — Proxy Contest (May 2019)
17 slides from Intel's proxy contest presentation, May 6, 2019
Slide 1: 2019 Proxy Statement Supplement May 2019
2019 Proxy Statement Supplement May 2019
Slide 2: Business Overview and Our Strategy
Make the world’s best semiconductors Lead the AI & autonomous revolution Be the leading end-to-end platform provider for the new data world Relentless focus on operational excellence & efficiency Continue to hire, develop, and retain the best, most diverse, and inclusive talent Business Overview Bus
Slide 3: Performance Demonstrates Strategic Transformation
Performance Demonstrates Strategic Transformation Revenue PC-Centric ($B) Data-Centric ($B) GAAP ($B) Non-GAAP ($B) GAAP Non-GAAP Operating Income Diluted EPS Our ongoing transformation to grow beyond our traditional PC and server businesses to serve the demands of data-rich markets has delivered th
Slide 4: Experienced Leadership Team Executing on Strategy
Experienced Leadership Team Executing on Strategy The Board is confident that our management team is the right group to position the company for continued strong, sustainable growth through one of our most significant transformations in corporate history. To support successful leadership transitions
Slide 5: 2018 CEO Compensation Overview
2018 CEO Compensation Overview The Compensation Committee designs our compensation programs to pay out according to rigorous performance metrics aimed at supporting business goals and promoting short- and long-term profitable growth. In response to stockholder feedback, the Committee has added a thr
Slide 6: 2019 CEO Performance-Based Promotion Awards
2019 CEO Performance-Based Promotion Awards 2019 awards to Mr. Swan promote long-term value creation and stockholder alignment through our ongoing transformation Cash Incentive-Related PSUs Awards vest on second and third anniversary of grant, tied to average Annual Incentive Cash Plan performance;
Slide 7: Robust Investor Engagement Program
Robust Investor Engagement Program We engage proactively with our stockholders, and, in consultation with our Board, seek to adopt and apply developing practices in a manner that best supports our business and our culture. What We Heard From Investors How We Responded Board Leadership Structure Curr
Slide 8: Diverse Director Nominees with Deep Industry Expertise
Diverse Director Nominees with Deep Industry Expertise Our Corporate Governance and Nominating Committee seeks to maintain a Board with a diversity of perspectives that can support and oversee the Company’s ongoing transformation. AC Audit Committee CGN Corporate Governance & Nominating Committee FC
Slide 9: Corporate Governance and Compensation Best Practices
Corporate Governance and Compensation Best Practices 9 BOARD Lead Independent Director with robust responsibilities All key committees made up of independent directors Proactive Board refreshment to drive diverse candidacy Board oversees CEO and senior management succession planning, including conti
Slide 10: Commitment to Corporate Responsibility
Commitment to Corporate Responsibility 10 Read our most recent Corporate Responsibility Report at www.intel.com/responsibility We have worked to build a strong system to detect and address risks of forced and bonded labor among our suppliers, and as a co-founder of the Responsible Labor Initiative,
Slide 11: Closing the Global Pay Gap
Closing the Global Pay Gap With a diverse workforce of 107,400 employees in over 50 countries, identifying and closing gender pay equity gaps is a complicated task To identify countries where gender pay gaps exist, Intel’s legal and human resources teams worked with third-party experts Upon conducti
Slide 12: Stockholder Proposals
Stockholder Proposals Matters requiring stockholder approval should be presented to, and voted on, by all stockholders at an annual or special meeting This year we reduced the ownership threshold for stockholders to call a special meeting from 25 percent to 15 percent A stockholder (or a group of up
Slide 13: Appendix
Appendix
Slide 14: Appendix: Forward-Looking Statements
Appendix: Forward-Looking Statements Statements in these supplemental materials that refer to forecasts, future plans or expectations are forward-looking statements that involve a number of risks and uncertainties. Words such as "anticipates," "expects," "intends," "goals," "plans," "believes," "see
Slide 15: Appendix: 2019 Annual Stockholders' Meeting
Appendix: 2019 Annual Stockholders’ Meeting This information is being provided to stockholders in addition to the proxy statement filed by Intel with the Securities Exchange Commission on April 3, 2019. Please read the complete proxy statement and accompanying materials carefully before you make a v
Slide 16: Non-GAAP Reconciliation: Operating Income and EPS
Years Ended (In Millions, Except Per Share Amounts) Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Operating income $23,316 $18,050 $13,133 Deferred revenue write-down, net of cost of sales — — 64 Inventory valuation adjustments — 55 387 Amortization of acquisition-related intangible assets 1,305 1,089 1,23
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