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Intel Ousts CEO of Products, Ending 30-Year Career


An anonymous reader quotes a report from Tom's Hardware: Intel has removed its chief executive officer of products, Michelle Johnston Holthaus, as part of a major shake-up of the executive branch of the embattled chip firm, according to Reuters. This is part of new CEO Lip-Bu Tan's plan to reshape t...

"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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