Intel shuffles its top executives
Intel Corp is reassigning five top executives to new positions as part of a corporate restructuring designed to simplify the company's management, according to a memorandum circulated to employees.
By Agencies |
SAN FRANCISCO: Intel Corp is reassigning five top executives to new positions as part of a corporate restructuring designed to simplify the company's management, according to a memorandum circulated to employees.
The moves, which are effective immediately, will bring the number of senior managers reporting to Chief Executive Paul Otellini by two.
The reassignments come as Intel is nearing completion of a comprehensive 90-day review of its operations that's designed to save the company USD one billion in annual costs by rooting out inefficiencies and underperforming businesses.
Intel spokesman Robert Manetta declined to comment yesterday.
Executive Vice President Sean Maloney, who has been co-manager of the company's mobility group, will lead Intel's sales and marketing group, according to the memo, which was obtained by The Associated Press. Maloney's new group, which is responsible for Intel's entire product portfolio, had been run jointly by senior vice presidents Anand Chandrasekher and Eric Kim.
Senior Vice President David Perlmutter, the other general manager of Intel's mobility group, will now run the unit by himself. The mobility group is responsible for products aimed laptop PCs.
Chandrasekher will manage a newly created unit aimed at "ultra-mobile" PCs, which are smaller than typical laptop machines but are bigger and offer more features than handheld devices. He will report to Perlmutter.
The moves, which are effective immediately, will bring the number of senior managers reporting to Chief Executive Paul Otellini by two.
The reassignments come as Intel is nearing completion of a comprehensive 90-day review of its operations that's designed to save the company USD one billion in annual costs by rooting out inefficiencies and underperforming businesses.
Intel spokesman Robert Manetta declined to comment yesterday.
Executive Vice President Sean Maloney, who has been co-manager of the company's mobility group, will lead Intel's sales and marketing group, according to the memo, which was obtained by The Associated Press. Maloney's new group, which is responsible for Intel's entire product portfolio, had been run jointly by senior vice presidents Anand Chandrasekher and Eric Kim.
Senior Vice President David Perlmutter, the other general manager of Intel's mobility group, will now run the unit by himself. The mobility group is responsible for products aimed laptop PCs.
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Chandrasekher will manage a newly created unit aimed at "ultra-mobile" PCs, which are smaller than typical laptop machines but are bigger and offer more features than handheld devices. He will report to Perlmutter.
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