News

Intel Shuffles Top Executives

Intel Corp. is reassigning five top executives to new positions as part of a corporate restructuring designed to simplify the company's management, according to a memorandum circulated to employees late Wednesday.

The moves, which are effective immediately, will reduce the number of senior managers reporting to Chief Executive Paul Otellini by two. The reassignments come as Intel is nearing completion of a comprehensive 90-day review of its operations that's designed to save the company $1 billion in annual costs by rooting out inefficiencies and underperforming businesses.

Intel spokesman Robert Manetta declined to comment.

Executive Vice President Sean Maloney, who has been co-manager of the company's mobility group, will lead Intel's sales and marketing group, according to the memo, which was obtained by The Associated Press. Maloney's new group, which is responsible for Intel's entire product portfolio, had been run jointly by senior vice presidents Anand Chandrasekher and Eric Kim.

Senior Vice President David Perlmutter, the other general manager of Intel's mobility group, will now run the unit by himself. The mobility group is responsible for products aimed laptop PCs.

Chandrasekher will manage a newly created unit aimed at "ultra-mobile" PCs, which are smaller than typical laptop machines but are bigger and offer more features than handheld devices. He will report to Perlmutter.

Kim will become general manager of the company's digital home group, which oversees production of Intel's Viiv PC platform and other products aimed at audio and video usage. The group had been led by Don MacDonald, who will become vice president of corporate brands and marketing and will report to Maloney.

Two executives with a combined 51 years of tenure plan to retire.

Bill Siu, the general manager of the channel platforms group is retiring. Intel has not yet named his replacement.

Richard Wirt, co-general manager of the software solutions group, is also retiring. Renee James, the other general manager of that unit will take over sole leadership.

Last week, Intel said it was cutting 1,000 management jobs so it could reduce the layers of people who sits between the company's top executives and its first line of supervisors.

Santa Clara-based Intel circulated the memo after earlier reporting that its second-quarter profit dropped 57 percent as stiff competition and budget-conscious PC buyers caused prices for its chips to drop.

Featured

  • Microsoft Appoints Althoff as New CEO for Commercial Business

    Microsoft CEO and chairman Satya Nadella on Wednesday announced the promotion of Judson Althoff to CEO of the company's commercial business, presenting the move as a response to the dramatic industrywide shifts caused by AI.

  • Broadcom Revamps VMware Partner Program Again

    Broadcom recently announced a significant update regarding its VMware Cloud Service Provider (VCSP) program, coinciding with the release of VMware Cloud Foundation (VCF) 9.0, a key component in Broadcom’s private cloud strategy.

  • Closeup of the new Copilot keyboard key

    Microsoft Updates Copilot To Add Context-Sensitive Agents to Teams, SharePoint

    Microsoft has rolled out a new public preview for collaborative "always on" agents in Microsoft 365 Copilot, bringing enhanced, context-aware tools into Teams channels, meetings, SharePoint sites, Planner workstreams and Viva Engage communities.

  • Windows 365 Cloud Apps Now Available for Public Preview

    Microsoft announced this week that Windows 365 Cloud Apps are now available for public preview. This aims to allow IT administrators to stream individual Windows applications from the cloud, removing the need to assign Cloud PCs to every user.