Intel may announce management overhaul today: reports

New York
The Economic Times
Intel is expected to announce a management shake-up on Monday that will see its core chip business-head Patrick Gelsinger leave the company after 30 years, says a media report.

Attributing to people briefed on the company, The New York Times said, Intel is expected to reveal a sweeping management change on Monday.

Among other changes, the chipmaker would announce that Pat Gelsinger, the senior vice president in charge of Intel's enterprise group, is leaving the company after 30 years performing a variety of roles, the report said citing these people.

Another media report, The Wall Street Journal, said 48-year-old Gelsinger would run computer-storage giant EMC's storage-products operations and some smaller software units, effective immediately.

As Gelsinger departs, Sean Maloney, Intel's head of sales and marketing, would take on an even larger role at the company, the NYT said citing the same people.

All of Intel's major chip businesses, including its PC, graphics and server chips would fall under Maloney, while Dadi Perlmutter, the head of Intel's laptop chips, would now oversee engineering for all the chip divisions.

Maloney, Intel's sales chief, is also considered to be one of the possible successor to Intel CEO Paul Otellini.