The new CEO of Intel is charged with a dance giant transformation

Intel announced on Wednesday that the new CEO will take the lead maker.

When the lips are assumed by the chief executive of the situation In Intel Next week, he will have a job activation and make it more competitive.

“I am honored to join Intel as an executive head,” he said in a statement. “I have a tremendous respect and admiration for this iconic company, and I see great opportunities to reshape our business in ways to better serve our customers and create value for our shareholders.”

Tan will take control of the Intel company, which was carried out by David Zixer and Michelle Johnston Hultos, as a temporary partner since Bat Gilgrenger’s departure late last year, starting on Tuesday.

Some companies with large names and executives separate their roads this year

“LIP-BU is an exceptional pioneer in the technology industry, and its deep relationships through the ecosystems of products and caves, and a busy record in creating the value of shareholders is exactly what INTEL needs in the next CEO,” said Frank Unilel from Intel.

Tan TECH CADENCE COMPANY as an executive president for approximately 12 years, from 2009 to 2021, according to Intel.

The chips maker said that the rhythm witnessed that its revenues were growing to its twice the size, while Tan led the company.

He is also one of the administrative partners at Walden Catalyst Ventures. The investment capital company said on its website that its “concentration” is “deep data and technology, impoverished organization, cloud organization and digital biology.”

TAN currently has the seats of the Board of Directors at Credo Technology Group and Schneider Electric, according to Intel.

In general, he has more than two decades of “semiconductor and software experiences as well as deep relations through the INTEL ecosystem”, the company said.

Tan is scheduled to become a member of the Intel Board again when he becomes the CEO. It was previously in the Board of Directors from September 2022 to August 2024.

Intel struggled amid the appearance of my competitors such as NVIDIA and Taiwan SemiDuctor Manufacturing Co.

Click here to read more on Fox Business

Tan said in a message posted on Intel on the Internet that he was joining the company, “Because I believe in all fibers of being what we have to win.”

He said: “Intel plays a key role in the ecosystem of technology, whether in the United States or all over the world. And together, I am sure that we can change our business.”

“You will push ourselves to develop the best products, listen with interest to our customers and hold ourselves on the obligations that we offer until we build confidence,” said Tan Intel.

He also said in the letter: “In the areas that we are behind the competition, we need to bear calculated risks to disrupt and leaf.” “In the areas where we were slowing than expected, we need to find new ways to capture the pace.”

Nokia chooses Amnesty International and the leadership of the data center Justin Hotard as a new executive head

Intel achieved $ 53.1 billion in 2024, which represents a 2 % decrease on an annual basis. It also saw a net loss of $ 18.8 billion for a period of 12 months.

index	protection	last	Changing	% Change
Intc	Intel Corp.	23.70	+3.02	+14.60 %

The company’s market value was about $ 103.15 billion early on Thursday afternoon.

Eric Reville contributed to this report.