Intel ‘s Renée James will be stepping down as President of Intel to pursue an external CEO role, according to a statement by the chipmaker giant which also announced a series of other leadership and organizational changes to streamline operations and better position Intel for growth.
President of Mergers and Acquisitions, Wendell Brooks will take an expanded role to become President of Intel Capital, taking over from long time employee, Arvind Sodhani, who will retire in January. Josh Walden, General Manager of Intel’s New Technology Group, now leads all product and research teams that create and deploy new technology categories, such as interactive computing devices, perceptual computing and wearable devices. In addition, Intel Communication and Devices Group General Manager Aicha Evans has been elevated to the company’s Management Committee, reflecting the leadership role she plays across Intel’s business and the importance of communication and mobility to the company’s growth strategy and product portfolio.
In addition, the Intel Security organization – formerly the independent McAfee division – is formally integrated into Intel operations under the leadership of General Manager Chris Young. This integration will deliver better technologies for Intel’s customers and more effective operations that will enable Intel Security to advance the state of security across the industry.
Brian Krzanich, CEO, Intel
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. 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.