Tags: intel | engineers | chip | ceo | turnaround | overhaul

Intel Hires Engineers as Part of CEO Tan's Overhaul

Intel Hires Engineers as Part of CEO Tan's Overhaul
Lip-Bu Tan, Chief Executive Officer of Intel, at an Intel event in San Jose, California, April 29, 2025. (Andrej Sokolow/AP)

Thursday, 19 June 2025 12:42 PM EDT

Intel hired three chip industry executives in engineering and networking roles Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker.

Tan's plans include trimming the company's large workforce, hiring new leadership, focusing on customer satisfaction and ensuring the foundry business succeeds.

Tan started to flatten Intel's leadership team since taking over as top boss in March with many important chip groups reporting directly into him, including sales veteran Greg Ernst, who was appointed chief revenue officer. Ernst previously served as Intel's head of U.S. sales and marketing operations.

In keeping with its plans to become more engineering-focused, the company also tapped Srinivasan Iyengar, Jean-Didier Allegrucci and Shailendra Desai to lead engineering roles.

"Greg, Srini, J-D and Shailendra are highly accomplished leaders with strong reputations across our ecosystem and they will each play important roles as we position our business for the future," Tan said.

Iyengar joined Intel from Cadence Design Systems and will lead a new customer engineering center, while Allegrucci, a former Rain AI executive, will manage the development of the AI System on Chip engineering. Desai, who joined Intel from Google, will head the development of new AI chip architectures.

Iyengar will report into Tan, while Allegrucci and Desai will report into Sachin Katti, Intel's chief technology and AI officer.

Intel has also reshuffled its board to make it more chip-industry-focused. Three board members did not stand for reelection at its 2025 annual meeting. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai)

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Intel hired three chip industry executives in engineering and networking roles Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker.
intel, engineers, chip, ceo, turnaround, overhaul
255
2025-42-19
Thursday, 19 June 2025 12:42 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved