Intel
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Intel Corporation, based in Santa Clara, California, U.S., is the world's largest chip maker and is also a "leading manufacturer of computer, networking, and communications products." It was founded in 1968 and made the first microprocessor in 1971.[1] Cofounded by Robert Noyce and Gordon Moore. One of the key founding investors was Max Palevsky.
In 2007, sales were US$38.3 billion with gross profits of US$19.9 billion. Top competitors are AMD, Samsung Electronics, and Texas Instruments. [1]
Contents
Ties to the American Legislative Exchange Council
Intel has been a corporate funder of the American Legislative Exchange Council (ALEC). [2]
A list of ALEC Corporations can be found here.
| About ALEC |
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ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our ExposedbyCMD.org site.
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Political contributions
Intel gave $369,197 to federal candidates in the 2006 election through its political action committee - 34% to Democrats and 65% to Republicans. [3]
Lobbying
The company spent $1,786,000 for lobbying in 2007. $500,000 went to five lobbying firms which included Mehlman Vogel Castagnetti and Quinn Gillespie & Associates. [4]
Personnel
With 2007 pay:[5]
- Paul S. Otellini, Chief Executive Officer, $11,542,000 (also exercised $4,426,400 in options) [6]
- Andy D. Bryant, Chief Administrative Officer, $5,724,600 (also exercised $7,880,100 in options)[7]
- Sean M. Maloney, Executive Vice President Sales and Marketing Group
- David Perlmutter, Executive Vice President Mobility Group
Board of Directors
- Craig R. Barrett, Chairman of the Board, $6,322,100 (also exercised $8,731,000 in options)[8]
- Charlene Barshefsky, Senior International Partner Wilmer Cutler Pickering Hale and Dorr LLP
- Carol Bartz, Executive Chairman of the Board Autodesk, Inc.
- Susan L. Decker, President Yahoo! Inc.
- Reed E. Hundt, Principal Charles Ross Partners, LLC
- James D. Plummer, Professor of Electrical Engineering Stanford University
- David S. Pottruck, Chairman and Chief Executive Officer Red Eagle Ventures, Inc.
- Jane E. Shaw, Retired Chairman and Chief Executive Officer Aerogen, Inc.
- John L. Thornton, Professor and Director of Global Leadership Tsinghua University in Beijing
- David B. Yoffie, Professor of International Business Administration, Harvard Business School[9]
Contact details
2200 Mission College Blvd.
Santa Clara, CA 95052 USA
Phone: (408) 765-8080
Web: http://www.intel.com
Resources
Related SourceWatch articles
- Corporate social responsibility
- Progress and Freedom Foundation (funder)
- Tech Central Station (funder)
References
- ↑ Intel Profile, Hoovers, accessed June 2008.
- ↑ Clearinghouse on Environmental Advocacy and Research, project of the Environmental Working Group, Information on American Legislative Exchange Council, archived organizational profile, archived by Wayback Machine December 2, 2000, accessed August 19, 2011
- ↑ 2006 PAC Summary Data, Open Secrets, accessed June 2008.
- ↑ Intel lobbying expenses, Open Secrets, accessed June 2008.
- ↑ Exec bios, Intel Corporation, accessed June 2008.
- ↑ Paul S Otellini, Forbes, accessed June 2008.
- ↑ Andy D Bryant, Forbes, accessed June 2008.
- ↑ Craig R Barrett, Forbes, accessed June 2008.
- ↑ Board of Directors, Intel Corporation, accessed June 2008.
External articles
- David Lawsky, "EU says Intel tried to squeeze out Advanced Micro", Reuters, July 27, 2007.
- "EU outlines Intel 'market abuse'", BBC, July 27, 2007.
- "Intel facing antitrust complaint in Korea", International Herald Tribune, September 11, 2007.
- "EU regulator raids Intel offices", BBC, February 12, 2008.
