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Intel President Renée James to Leave as Others Also Depart

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With slow growth in sales of PC's which use Intel microprocessors, Intel CEO Krzanich plans to make job cuts and management changes. Intel first quarter profit was up only 3% on overall revenue unchanged from the prior quarter. Executives leaving are Ms Renee James staying till end of 2015 for transition planning, Hermann Eul and Mike Bell. Intel Capital chief Arvind Sodhani is retiring in Jan. 2015. Intel's efforts in smartphones have poor results, and sales of chips for tablets had to be subsidized leading to operating losses. Intel will reduce spending in 2015 by $300 million. Renee James was made president sharing the top position with Mr. Krzanich in May 2013 in a dual appointment. In practice it was Krzanich who took the leadership role at Intel Corp. In other changes security products, including McAfee, were integrated into Intel Operation's under general manager Chris Young. Josh Walden, general manager of new technology group now leads all product and research teams including wearable computing devices. Aicha Evans moves to the management committee.

Intel Corp management

05/24/2011

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Intel's CEO Pick Is Predictable, but Not Its No. 2

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Stark Earnings for Intel Reflect Its Changing Market

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Intel Discloses Shift Toward Mobile Devices, Other Markets

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A Healthy Dose of Humility for Intel

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Intel's Recovery Realization

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Intel Corp. share prices and financial performance

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Grouped Articles

Intel Tries to Find a Foothold Beyond PCs

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Intel's Profit Falls 25%; Outlook Less Dire

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Intel Needs an App for Revenue Growth

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Intel Sees Hope for PCs

Wall Street Journal 07/21/2011

Stark Earnings for Intel Reflect Its Changing Market

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Intel's Recovery Realization

New York Times 11/21/2013

Intel CEO Krzanich in 2015

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Grouped Articles

Intel President Renée James to Leave as Others Also Depart

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Intel Corp and slowing PC sales in Europe in 2015-2016

03/13/2015

Grouped Articles

Intel Slashes Revenue Outlook on Weak PC Demand

Wall Street Journal 03/13/2015

Intel President Renée James to Leave as Others Also Depart

Wall Street Journal 07/05/2015

Intel to Cut 12,000 Jobs, Puts Focus on Cloud

Wall Street Journal 04/20/2016

Intel Corp.and Ultrabook PC's in 2012-2015

08/31/2010

Grouped Articles

Microsoft Can't Keep Up in a Mobile World

Wall Street Journal 04/12/2013

Intel Tries to Find a Foothold Beyond PCs

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Lenovo Takes PC Sales Crown From H-P as Market's Slump Worsens

Wall Street Journal 07/11/2013

Stark Earnings for Intel Reflect Its Changing Market

New York Times 07/17/2013

Intel's Recovery Realization

New York Times 11/21/2013

Intel Looks Beyond PCs

Wall Street Journal 08/31/2010


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