Intel Picks CFO Away from Competition

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Intel is once again rearranging part of its management. In addition to a new CFO, the client computing group will also have a new leader.

 

Until now, David Zinsner’s financial chief of chip manufacturer Micron will move to Intel on January 17. He succeeds retiring CFO George Davis, who will retire in May. They look for a successor at Micron, and Sumit Sadana becomes CFO ad interim.

At the same time, Intel announced that executive vice president Michelle Johnston Hollthaus would head the client computing group, which accounts for about half of Intel’s most recent quarterly earnings revenue. She succeeds Gregory Bryant, who takes a job elsewhere.

The move follows Pat Gelsinger’s appointment as CEO a year ago. In the meantime, the company announced significant investments and a change of direction, and other people at the top management were replaced or redeployed.

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