Intel Corp. INTC, +1.58% said late Wednesday that its current independent lead board member will resign at the end of October, according to a Securities and Exchange Commission filing. Aneel Bhusri told Intel on Sept. 19 that he was going to step down from the board effective Nov. 1, according to Intel. Bhusri is the co-founder and chief executive of Workday Inc. WDAY, +3.39% and is an advisory partner for venture-capital firm Greylock Partners. Omar Ishrak, the current chairman and CEO of medical device maker Medtronic PLC MDT, +1.86% , will succeed Bhusri as lead independent board member, the company said. Bhusri's resignation is "not due to any disagreement with Intel," the filing said.