Intel Arvind Sodhani, president of Intel Capital has withdrawn, and the company announced a 35-year veteran. His successor will assume a greater role in mergers and acquisitions, Intel President and Wendell Brooks.
Intel and other executives, the responsibility also extends to other managers, is leaving the company. These and other organizational changes in the operation and development of the company in a better position to optimize Intel said it is continuing.
"We are even faster than before to offer the benefits of our strategy to continue to increase efficiency focus our management structure," Krzanich said in a statement.
Intel supplies chips for PCs on the market more than 80%, but lately have by the decline in PC sales were injured. Krzanich smart car and called Internet of Things through the chip, Intel wants to expand its business over heart. That's a whopping $ 16700000000, a cash transaction valued at Altera, buying Intel last month, the back was a great strategic motivator.
Share price 2.39% trading Intel Thursday morning.