Barely nine months after Intel promoted Michelle Johnston Holthaus to the CEO of her flea design company, the company said on Monday that she left the company.
In a securities file, Intel said Holthaus had resigned from his position, but that didn’t say why. The company said that it would remain employed in a non -executive role until March, “to ensure a smooth transition”.
While Holthaus had been at Intel for over 30 years, his departure is not a surprise. She had little public role in the company since the new CEO LIP-BU Tan took over in March. Tan criticized the roadmap of the product he inherited, complaining several times that Intel had not listened to customers enough.
Last month, Tan said that he would personally examine each design of the main chips to ensure that she achieves her objectives.
“My directive to our silicon and platform teams is to define products with clean and simple architecture, a better cost structure, to simplify our battery (of products), while allowing a path to a robust margin (profit)”, TAN told investment analysts in August while discussing the performance of the second quarter of the company.
Intel promoted Holthaus last December when the board of directors forced the former CEO Pat Gelsinger. He appointed his CEO of Intel Products, which designs chips for data centers, PCs and laptops and represents two thirds of the total Intel income. Holthaus was also acting in the whole company during the months between the release of Gelsinger and the hiring of Tan.
“She had a lasting impact on our company and inspired so many of us with her leadership,” Tan said in a statement written on Monday.
Intel evaluated Holthaus’s remuneration in 2024 to 12.6 million dollars. The company’s screening plan for the company’s executives provides for the payment of premiums of the main managers and not acquired action subsidies according to the part of the acquisition period of which they have already worked.
Holthaus is the second best woman and the high chief in Oregon, to leave Intel this year. Ann Kelleher, who led Intel’s technological development, retired last spring.
Oregon is the largest and most advanced site in Intel, with around 17,000 employees in Washington County. But most of its senior executives work at the company’s headquarters in Silicon Valley or in other states.
Holthaus’s exit leaves only one woman among the seven people that Intel designates her senior executives. It is April Miller Boisse, legal director of the company.
Also on Monday, Intel hired the engineer of Arm Holdings, Kevork Kechichian, at the head of the group of Intel data centers. The flea manufacturer has said in recent weeks that its data center chips are not competitive and have indicated that it planned to redo its product range.
“We are going to adjust the roadmap to ensure that we listen to customers and the delivery of the products that customers want and need,” said the financial director, the financial director, David Zinsner, investment analysts last month. “It takes a little time. I think we are going to bring gradual improvement over the next two years, but it will be a multi -year process to ensure that the wallet is really where we want it to be.”
Intel said Kechichian will present himself directly to Tan. The company also said that Naga Chandrasekaran would assume additional responsibilities as head of Intel manufacturing, called Intel Foundry. And Intel said Jim Johnson, who had been the interim chief of Intel PC activity, will continue permanently in this work.
– Mike Rogway Covers Oregon technology and state economy. Join it to jeroway@oregonian.com or 503-294-7699.
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