- Michelle Johnston Holthaus de Intel leaves the company after 30 years
- Other designated leadership roles, including a new hiring
- The Lip-Bu CEO so wants to flatten the company’s leadership
Intel Michelle Johnston Holthaus senior will leave the company after more than three decades, including a brief season as an interim co-zo with David Zinsner after the departure of former CEO Pat Gelsinger.
Holthaus’s most recent role as the main Executive of Products comes to an end after 10 months, and the company will not hire again for this role.
Recognizing the transformative impacts of Holthaus, the new CEO Lip-Bu said: “She has had a lasting impact on our company and inspired many of us with her leadership.”
Intel announces the great leadership shakes
The company also announced the appointment of Kevork Kechichian as EVP & GM of Data Center Group, contributing more than 30 years of experience in the ARM chips industry, NXP semiconductor, Qualcomm and more.
Jim Johnson becomes SVP & GM of the customer computer group after about four decades in Intel, Srinivasan Iyengar becomes the head of a new central engineering group, and Naga Chandrasekaran is presented in Evp & cto of Intel Foundry to supervise the development, manufacture and market.
The changes come in the middle of Intel’s continuous efforts to flatten its hierarchical structure, which results in more leaders directly informing themselves. When rationalizing operations, reducing the work and the reconstruction of their engineering culture, so hope that Intel can be repositioned to be successful in the future.
The news occurs a couple of weeks after Intel reached an agreement with President Trump, through which the United States government would invest $ 8.9 billion in Intel to help strengthen its position and reinforce US national manufacturing.
A movement that has generated its fair part of public scrutiny, including comments made by Intel itself on the possible implications of having such political support.
Intel shares have increased 21% this year to date, but the company’s market capitalization ($ 113.87 billion) is far behind Nvidia ($ 4,097 billion), now classified as the most valuable company in the world.
