Intel announces leadership overhaul, underscoring long road to recovery

"The shake-up sharpens Intel's foundry and data center strategy, as the chipmaker works to regain competitiveness against AMD, Arm, and TSMC. Intel has announced leadership changes that include the exit of products chief Michelle Johnston Holthaus and the launch of a central engineering group, as the company tries to streamline operations and strengthen its push into foundry and custom silicon services."

"The new central engineering group will be led by Srinivasan Iyengar, who will oversee horizontal engineering functions and build a custom silicon business aimed at serving a broad range of external customers, the company said in a statement. Intel also named Kevork Kechichian executive vice president and general manager of its data center group. He joins from Arm, where he led the shift from IP licensing to full-stack solutions, and has also held senior roles at NXP Semiconductors and Qualcomm."

""Intel's leadership team missed four major waves: first, the mobile and smartphone market; second, the AI accelerator and data center custom compute boom; third, the rise of automotive silicon for digital cockpit and autonomous driving; and fourth, the growth of pure-play foundries," said Neil Shah, VP for research at Counterpoint Research. The restructuring could signal to investors and customers that Intel is taking tough steps to change its situation, Shah added."

Intel implemented a leadership shake-up that includes the exit of its products chief and the creation of a central engineering group to pursue foundry and custom silicon services. Srinivasan Iyengar will lead horizontal engineering and build a custom silicon business targeting external customers. Kevork Kechichian was named executive vice president and general manager of the data center group. Naga Chandrasekaran will expand to oversee Foundry Services, and Jim Johnson will lead the client computing group. The moves aim to streamline operations, strengthen foundry and data-center strategy, and help Intel regain competitiveness versus AMD, Arm, and TSMC.

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