No, the intros are only deleted when the last mod goes:
When a stock specific boards loses all Moderators, then the iBox will be deleted. When a new Mod is added, then they have the option to place their own content in the Intro or to restore previous versions of the iBox. This is accomplished by clicking on Manage/Edit iBox/iBox Version History/Select a Version (click on the date to preview)/Revert to This Version.
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