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Intel on Wednesday announced a new CEO will be taking the helm of the chipmaker.
When incoming CEO Lip-Bu Tan assumes the position at Intel next week, he will have the job of revitalizing the company and making it more competitive.
“I am honored to join Intel as CEO,” he said in a statement. “I have tremendous respect and admiration for this iconic company, and I see significant opportunities to remake our business in ways that serve our customers better and create value for our shareholders.”
(Reuters/Dado Ruvic/Illustration)
Tan will take over leading Intel, which David Zinsner and Michelle Johnston Holtaus have run as interim co-CEOs since the departure of Pat Gelsinger late last year, starting on Tuesday.
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“Lip-Bu is an exceptional leader whose technology industry…
