financetom
Technology
financetom
/
Technology
/
Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
Dec 4, 2024 1:50 PM

(Reuters) - Intel ( INTC ) will have a CEO with manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said at the UBS technology conference on Wednesday.

Reuters reported on Tuesday that Intel ( INTC ) has started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker.

Intel's ( INTC ) "core strategy remains intact", Zinsner said at the conference, two days after the struggling U.S. chipmaker announced the resignation of CEO Pat Gelsinger following impatience with the pace of a costly turnaround.

The company also requires a "significant cultural change" to become a successful foundry player as well as in the semiconductor business, Intel's ( INTC ) head of foundry manufacturing and supply chain Naga Chandrasekaran said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved