With Lip-Bu Tan serving as CEO in March, Semiconductor Giant Intel continues to shake up its senior leaders.
Inter announced Monday that Michelle Johnston Holsouth will leave the company more than 30 years later. Johnston Holtaus has recently remained the CEO and strategic advisor of Intel Products.
According to Intel, the company has also announced the creation of a central engineering group to build new custom silicon businesses for external customers. The group will be led by Srinivasan “Srini” Iyengar, who joined Cadence Design Systems’ Intel in July.
Intel also previously said that ARM’s Kevok Kechichian will join the company as head of the data center group. Jim Johnson has been appointed Senior Vice President and General Manager of Intel’s Client Computing Group. Naga Chandrasekaran, Chief Technology and Operations Officer of Intel Foundry, the company’s business unit that builds custom chips for external customers, is also taking on an expanded role.
“SRINI’s leading central engineering ensures that innovation and execution are more closely aligned to customers,” Tan said in a company’s press release. “We are focused on delivering world-class products and enabling engineering teams to move faster and carry out excellence. Kevok, Jim and Srini are exceptional leaders whose deep technical insights and industry relationships can help us as we continue to build our new Intel.”
The news comes just weeks after the US government announced plans to convert existing government grants into Intel’s 10% stake. The agreement was structured to punish Intel if the company fell below 50% of its casting units.
These were not the only leadership changes at Inter this year.
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It is notable that he will take over as CEO in March. In July, the company announced that it had hired four new people for sales and engineering roles, including Greg Ernst, to serve as Intel’s Chief Revenue Officer.
Inter declined to comment.