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Fortune
Fortune
Nick Lichtenberg, Eva Roytburg

The day after Trump called Intel’s chief ‘conflicted,’ former directors call for a new company, a new board, and a new CEO

(Credit: Andrej Sokolow—picture alliance via Getty Images)

Four former Intel board members are backing President Donald Trump’s surprise attack on the company’s CEO, but they are pushing for a shake-up that is both more dramatic and wholly in line with their vocal criticism of late.

In a rare collective statement provided exclusively to Fortune, the former directors said the fate of CEO Lip-Bu Tan should be decided by Intel shareholders and its board, but called for a radical restructuring that would spin off Intel’s manufacturing arm into an independent company to secure America’s chipmaking dominance.

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