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The Oregonian says that Intel will split its manufacturing and technology group into three different segments. Mike Mayberry, head of Intel labs, will lead the technology division. Ann Kelleher will lead manufacturing and operations, while Randhir Thakur will run the supply chain branch. Sohail Ahmed, who led the manufacturing division since 2016, will retire, and former Qualcomm executive Venkata "Murthy" Renduchintala will supervise all three divisions. This shakeup comes after long delays of the deployment of Intel's 10nm process, which was supposed to be ready in the second half of 2016.
"Thanks to the efforts of Sohail and the entire Intel team, we are making good progress on 10nm," Renduchintala wrote to employees Monday. "Yields are improving consistent with the timeline that we shared in April, and we continue to expect systems on shelves for the 2019 holiday season." Intel has been without a chief executive since June, when Brian Krzanich abruptly resigned after the company uncovered "a past consensual relationship with an Intel employee" in violation of corporate policy. Chief Financial Officer Bob Swan is serving as interim CEO.
"Thanks to the efforts of Sohail and the entire Intel team, we are making good progress on 10nm," Renduchintala wrote to employees Monday. "Yields are improving consistent with the timeline that we shared in April, and we continue to expect systems on shelves for the 2019 holiday season." Intel has been without a chief executive since June, when Brian Krzanich abruptly resigned after the company uncovered "a past consensual relationship with an Intel employee" in violation of corporate policy. Chief Financial Officer Bob Swan is serving as interim CEO.