© intel Business | July 03, 2015

Intel: exodus at management level

“We are aligning our leadership structure to continue to become more efficient in order to deliver the benefits of our strategy even faster than before”, Intel’s CEO, Brian Krzanich said.
Intel President Renée James will be stepping down as President of Intel to pursue an external CEO role. She has agreed to stay at Intel until January in order to transition the Executive Office. “Over the past 28 years, Renée has contributed immeasurably to Intel. On behalf of the Board and management team, we sincerely thank Renée for her tireless efforts toward building the business that we have today, and we fully support her in this decision”, Krzanich said.

Intel executives Hermann Eul and Mike Bell will leave the company after a transition period.

In addition, other leadership and organizational changes include:

Arvind Sodhani, President of Intel Capital, will retire in January after 35 years with the company. President of Mergers and Acquisitions Wendell Brooks will take an expanded role to also become President of Intel Capital.

On July 1, the Intel Security organization – formerly the independent McAfee division – was formally integrated into Intel operations under the leadership of General Manager Chris Young.

Intel Communication and Devices Group General Manager Aicha Evans has been elevated to the company’s Management Committee.

Josh Walden, General Manager of Intel’s New Technology Group, now leads all product and research teams that create and deploy new technology categories.
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