Intel has announced a few changes in its executive structure. The big surprise is the departure of Gregory Bryant, known as GB, who was working at Intel for quite a few decades and was the Executive Vice President and General Manager at Client Computing Group since 2017.
After an incredible 30 years at @intel, I made the difficult decision to pursue a new opportunity in the technology industry. To everyone who was part of my journey – thank you! I will forever be one of Intel’s biggest fans! https://t.co/oF9PAWMTSN pic.twitter.com/JSWws4StuL— Gregory M Bryant (@gregorymbryant) January 11, 2022
GB will be replaced by another 25-year Intel veteran, Michelle Johnston Holthaus, who was working at EVP and General Manager of the Sales, Marketing, and Communications Group since 2017 as well. Holthaus was previously working at Microsoft.
As the EVP of the Client Computing Group, Holthaus will be responsible for all aspects of running and growing the client business, including strategy, financial performance and product development for the full portfolio of client technologies and platforms designed to enable exceptional personal computing experiences, according to Intel.
"I am thrilled to take on leadership of Intel's Client Computing Group, an organization with immense talent and long history of delivering leadership products and platforms that create vibrant, open ecosystems," Holthaus said. "We have a tremendous opportunity to build on past successes - and even accelerate our pace as we continue to enable our customers and partners to elevate PC experiences."
"Michelle's track record of success driving global sales and revenue for the last five years, combined with her profound understanding of the client computing business and trusted relationships across the entire industry, make her a natural choice to lead our largest business," said Pat Gelsinger, Intel CEO. "Michelle is a proven leader who embodies Intel's values, and I look forward to partnering with her in this new capacity as we drive innovation and unquestioned product leadership across the client business."
"I want to thank GB for his outstanding leadership and 30 years of service at Intel, which has seen five consecutive years of business growth and, most recently, the successful launch of the 12th Gen Intel Core family. We wish him all the best in his next endeavor."
In addition to the switch at the head of the Client Computing Group, Intel has also appointed David Zinsner as the company's executive vice president and Chief Financial Officer (CFO).
Zinsner is a financial and operational veteran of the industry and has recently worked as executive vice president and CFO at Micron Technology. He also worked at Affirmed Networks, Analog Devices, and Intersil Corp.
Zinsner will replace the current CFO, George Davis, who will retire from Intel in May 2022, and remain with Intel in an advisory role.
Zinsner will report directly to Pat Gelsinger and oversee Intel's global finance organization, including finance, accounting and reporting, tax, treasury, internal audit, and investor relations, according to Intel.
"I am excited to join Intel, a company I've long admired with a storied history of innovation and technology leadership," said Zinsner. "Intel's scale, re-invigorated culture and depth of technical talent positions the company to capitalize on the unprecedented demand for semiconductors across the globe. I look forward to working with Pat and the rest of the leadership team to help drive the IDM 2.0 strategy forward and create long-term value for shareholders."
"Dave is a proven finance leader, who brings a unique combination of strategic thought, deep knowledge of semiconductors and manufacturing, capital allocation discipline, and a track record of value creation for shareholders," said Pat Gelsinger, Intel CEO. "I look forward to partnering with Dave as we continue to execute our strategy to usher in a new era of innovation and achieve our goal of unquestioned leadership in every category in which we compete."