More than two months ago, Intelligence (NASDAQ: INTC) Surprising move. He pushed the Pat Gelsinger director from the door. The Board of Directors did so without the replacement and called two temporary co-cereals in its place, CFO David Zinsner and the Intel Products CEO Michelle Johnston (MJ) Holthaus.
In some ways, the move made sense. The stock fluttered under Gelsinger as Intel struggled to overcome the past misconceptions, gets the land in Ai -ui becoming a profitable job. However, in other ways, the weather was unusual. Gelsinger was in the midst of a huge restructuring of the Intel foundry, opening it to external customers and giving investors a forecast that she asked to make a huge earnings by the end of the decade.
According to reports, Chip Titan is struggling to find a permanent executive director who will replace Gelsinger, and that should not be a surprise. In many ways, the next candidate looks set for failure. Intel hole for the leadership becomes even deeper because its head of the data center and AI segment jumped a ship for Nokia.
Nokia said on Monday that Justin Holard, the leader of Intel’s data center and AI segment, would replace the departure executive director Pekka Lundmark on April 1.
The move comes just over a year after the Intel recruited the hotter from Hewlett Packard Enterprise To start a key growth department. Intel did not publish a statement about going to Hodard, although he said in Nokia’s statement for the public: “I am honored with the opportunity to run Nokia, a global leader in connecting with a unique heritage in technology.”
Intel has already called a temporary replacement for Hotard, touching Karin Eibschitz Segal to run the Data Center and AI unit. Segal has previously conducted Intel surgery in Israel.
The executives change jobs for all kinds of reasons, and Hotard may have simply jumped on the opportunity to be the executive director of a well -known technological company, but departure throws a company growth strategy to further mess.
It is also possible that Hotard could have been frustrated by a wider turnaround in Intel. The company announced mass release in August. That month, lip-bu tan, veteran semiconductor industryHe left the Committee after expressing his frustration with the company swollen with the workforce and a culture prone to risk.
After Gelsinger’s output, Hotard could also feel that the company was heading in the wrong direction.
Intel’s latest quarter showed that even its data center and AI segment – its largest segment after calculating the client – still fights, even as peers like Nvidia,, AMDand Micron They published a burning growth in the data center in their recent districts. In the meantime, In the meantime, he saw that data center and AI revenue in the fourth quarter reduced $ 3% to $ 3.4 billion, as the total revenue was reduced by $ 7% to $ 14.3 billion.
