Intel Reorganizes for Growth
Intel announced a number of organizational changes and the expansion of some key executive responsibilities.
According to a press release, the organizational restructuring aligns the business around architecture and manufacturing, placing operating responsibility for them in three senior executives. Paul Otellini, Intel's CEO, will now devote more of his time to corporate strategy and growth initiatives.
Intel said it will consolidate all of its major product divisions into the newly formed Intel Architecture Group (IAG), which will be co-managed by Sean Maloney and Dadi Perlmutter, both executive vice presidents.
Maloney will be responsible for business and operations, while Perlmutter will lead product development and architecture. All of Intel's components businesses based on the Intel architecture, as well as all the development and marketing teams needed to bring those products to market, will report to Perlmutter and Maloney.
Intel's global manufacturing organization, the Technology and Manufacturing Group (TMG), will now report to Andy Bryant, Intel's chief administrative officer and also an executive vice president. The move formalizes the role of influence Bryant already plays with TMG and further increases Otellini's time on business strategy.
Intel said that in addition to micro-architecture planning, microprocessor and chipset development, SOC (system-on-a-chip solutions) and wireless teams, there will be six business groups operating under the new IAG umbrella.
Those six groups include the PC Client Group, the Data Center Group, the Visual Computing Group, the Ultra Mobility Group, the Embedded Communications Group and the Digital Home Group.
Intel shares were down slightly in early morning trading, to $19.32 per share.