Intel Corp (INTC)

[SemiconEng]

Moore no doubt quit in disgust over the huge dilution taking place. If you have followed Intels annual stockholders meeting you would have observed that Moore’s son was the first speaker at the podium a year or two ago. He questioned the huge stock giveaway program that Intel was guilty of.


*** That's not what the story says, it says he retired from the Board at age 72, and that 72 is the mandatory retirement age for Board members.....


http://www.eetimes.com/story/OEG20010601S0066
Hewing to Intel Corp.'s mandatory retirement age of 72 — a policy he imposed himself about 20 years ago to assist in succession planning for the board of directors — Moore retired from the board of the company he co-founded in 1968.