From PC World: Intel has named tech veteran Lip-Bu Tan the company’s next chief executive officer, the company said Wednesday. He will take over on March 18, Intel said.
Tan will succeed Michelle Johnston Holthaus and David Zinsner, the two executives who had served as co-chief executive officers in the wake of former CEO Pat Gelsinger’s departure. Both will remain with the company.
Though Tan has held a number of positions, he is most known for his role as chief executive of Cadence Design Systems from 2009 until 2021, which designs the EDA software used for designing chips. Tan won the SIA’s Robert N. Noyce Award for his contributions to the semiconductor industry. Tan was also considered to be one of the front-runners for the Intel job.
Tan was also a board member at Intel, but resigned last August to “reprioritize personal commitments” he said, according to Bloomberg. Reuters reported, however, that he had had personal differences over the way in which Intel was run, believing that Intel’s workforce was too bloated and complacent and that Intel had essentially missed the opportunity to compete in AI.
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