Lawyer salary

Intel Names Boise New Top Lawyer as Outgoing Chief Legal Officer Retires

Intel Corp. hired April Miller Boise to be its new chief legal officer, effective July 6.

Boise joins industrial power component maker Eaton Corp., where she was top advocate. She will succeed longtime Intel chief legal officer Steven Rodgers, who retired May 31 after more than 22 years as head of the Santa Clara, Calif.-based company’s legal department.

“Intel has been at the forefront of innovation, technology and global commerce for decades, cultivating a world-class legal, business and government affairs organization,” Miller Boise said in a statement.

Intel said Miller Boise will report directly to Patrick Gelsinger, who became the company’s chief executive in early 2021.

“April is the rare combination of an innovative business leader and a talented lawyer,” Gelsinger said in a statement announcing her hire.

Miller Boise is co-founder of the Black General Counsel 2025 Initiative. The project aims to have black law department heads in at least 5% of Fortune 1000 companies over the next three years.

Miller Boise also spoke about how corporate legal departments facing budget cuts should push their legal service providers to adapt to changing times.

“The pattern that law firm fees go up every year, year after year, is broken,” she told Bloomberg Law last year.

Eaton spokesman Kurt Eyman said the company has yet to name Miller Boise’s successor. She was not one of Eaton’s six highest-paid executives last year, according to an annual proxy statement.

Eaton’s is based in Dublin, Ireland, with a secondary headquarters in Beachwood, Ohio, the suburb of Cleveland where Miller Boise once ran the local Thompson Hine office. The law firm supports the Black General Counsel Initiative.

Securities filings show Miller Boise sold $1.7 million in Eaton stock on May 27. She still holds almost the same amount in Eaton stock, according to Bloomberg data.

Rodgers, his predecessor at Intel, is one of the highest paid legal department heads. He currently owns more than $4.8 million in stock in the company, having sold nearly $1.8 million in Intel stock over the past year, according to filings.

Intel revealed in its latest proxy filing that Rodgers received a 2021 salary package worth more than $10.4 million, including nearly $3.2 million in cash and more than $6.5 million. dollars in stocks.

The document also revealed details about Intel’s commitment to diversity and inclusion, which extends to the company’s supply chain and other suppliers.

“Continuing into 2022, we will only retain or use non-U.S. law firms that are above average in diversity for their partners,” the filing said. “We apply a similar rule to businesses used by our tax department, including non-legal businesses.”