Intel has a new CEO

Intel A named a new CEOThree months after the former CEO Pat Gelsinger was pushed of the company. The new director general of the company is LIP-BU Tan, which was CEO of the design company of design and service of chip CADE from 2009 to 2021 and member of the board of directors of Intel from 2022 to 2024.

While the official history of Intel was that Gelsinger retired after less than four years in the CEO Post, quickly reporting that he was expelled by the board of directors after losing confidence in his strategy to overthrow things to the besieged company. Gelsinger worked at Intel for 30 years, from 1979 to 2009, before leaving and finally returning in 2021 to take the post of CEO.

Tan will take the post of CEO on March 18 of acting co-PDG David Zinsner and Michelle (MJ) Johnston Holthaus. ZinSer will continue to be Intel’s financial director, while Johnston Holthaus will still be CEO of Intel Products.

“Intel has a powerful and differentiated IT platform, a large base installed by the customer and a robust manufacturing imprint that is strengthened day by day while we rebuild our road technology roadmap,” said Tan in a press release. “I can’t wait to join the company and rely on the work that the Intel team has done to position our business for the future.”

This is not the first time that Tan has been exploited to become CEO after a period on the board of directors of a company; It also occurred with cadence. According to Intel press release, Tan has more than doubled cadence income when he was CEO.

In His first public memo as CEOTan does not offer many obvious advice on what he wants to do next, but he suggests that Intel will continue to offer manufacturing as well as flea design:

Together, we will work hard to restore Intel’s position as a world -class product company, establish ourselves as a world class foundry and delight our customers like never before. This is what this moment requires of us when we are remades intel for the future.

He also says that Intel will be “a company focused on engineering” and which must “take risks calculated to disturb and jump” in the future.