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Intel ousts CEO of Products Michelle Johnston Holthaus as part of the latest executive shake-up, ending 30-year career — company also establishes new custom chip design unit
This continues shake ups under the new CEO who has previously announced plans to flatten executive structure, making more departments and people answer to him directly.
You may like "Throughout her incredible career, Michelle has transformed major businesses, built high-performing teams and worked to delight our customers," Tan said in a statement. Although Intel's fabrication business has been one of its worst-performing in recent years, and there are still talks of it selling large portions of it, it's found a new lease of life following U.S. government investment and Bu Tan's leadership. Intel also announced that it had acquired the services of former executive vice president of solutions engineering at Arm, Kevork Kechichian.
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