Amid its search for a CEO to succeed Pat Gelsinger, the Intel board beefed up its engineering expertise with two new independent directors on Thursday. Eric Meurice was the CEO of semiconductor equipment manufacturer ASML from 2004 to 2013.

Intel said on Thursday that it has added former ASML CEO Eric Meurice and interim Microchip Technology CEO Steve Sanghi to its board of directors as it searches for a permanent successor to Pat Gelsinger and pushes for better execution of its strategy.

Intel CEO Pat Gelsinger has resigned. Read more to see why a turnaround is still in play for INTC stock despite Gelsinger's resignation.

Intel Corp.’s much-needed addition of two executives with semiconductor expertise to its board comes as the chip maker’s stock is on track for its worst year ever, after the ouster earlier this week of Chief Executive Pat Gelsinger.

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