Photo: AFP
Photo: AFP

Intel president Renée James to step down to seek external CEO role

James, in a letter to employees on Thursday, didn't specify where a next job will be

Wilmington: Intel Corp. president Renée James will step down to seek appointment as chief executive officer elsewhere after spending 28 years at the chipmaker.

James, in a letter to employees on Thursday, didn’t specify where a next job will be. She and CEO Brian Krzanich both took over their posts in May 2013.

“When Brian and I were appointed to our current roles, I knew then that being the leader of a company was something that I desired as part of my own leadership journey," James said in the letter. “Now is the right time for me to take that next step."

James agreed to stay at Intel until January to help with the transition, the chipmaker said.

Intel made other leadership changes. Among them, Arvind Sodhani, president of Intel Capital, will retire in January after a 35-year career with the company. Wendell Brooks, president of mergers and acquisitions, will take an expanded role to also become president of Intel Capital. Merging these teams under one leader will allow better focus across all investment opportunities, Intel said. Bloomberg

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