Tuesday, January 25, 2022

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    Intel hires Micron Executive as next chief financial officer

    David Zinsner is Analog Devices Inc. And Intersil Corp. Former CFO of.


    Micron Technology

    Intel Ltd

    INTC 3.31%

    David Zinsner

    Micron Technology Ltd

    He has also announced the resignation of one of the Chief Financial Officers, making him the next Chief Financial Officer.

    Semiconductor giant said Gregory Bryant, head of the client computing group, will resign at the end of the month. This unit is responsible for Intel’s PC-related business and generates more than half of the company’s sales.

    Brian got a lot of attention at Intel, which he attended in 1992. He unveiled Intel products at the CES Technology Show in Las Vegas this month. Intel said he is leaving for a new opportunity.

    The chip company has appointed Michelle Johnston Holthaus, Executive Vice President and General Manager of the Sales, Marketing and Communications Group, as its successor. The group she currently oversees generated $ 30.38 billion in revenue over the nine months ended September 25, 2021 and generated $ 40.06 billion in net income in 2020.

    Approximately a year after Intel says Pat Gelsinger will take over as CEO after a series of failures by the company, a personnel change will occur. Since then, Gelsinger has been trying to move Intel’s turnaround quickly. Large investment in chip manufacturing And pledge Returning the company to the position of producing the best chips in the world..

    Johnston Holthaus will move to her new role in the coming months, and Intel will look for a new person to lead the sales, marketing and communications teams.

    Micron’s Chief Financial Officer, Jinsner, will join Intel next Monday. He has been working for memory chip maker Micron since February 2018. Prior to that, he was President and Chief Operating Officer of Affirmed Networks, a 5G specialist.

    Microsoft Ltd

    It was acquired in 2020. He also served as Senior Vice President of Treasury and CFO in both.

    Analog Devices Ltd

    And Intersil Corp.

    Micron began searching for the next Treasury Officer on Monday, saying Chief Financial Officer Sumit Sadana has taken on the additional role of Interim CFO.

    Intel has previously said that CFO George Davis will retire in May, but will remain in the company as an adviser.

    Write in Kimberlytin kimberly.chin@wsj.com

    Copyright © 2022 DowJones & Company, Inc. all rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Appeared as “Intel Names a New CFO” on the print version on January 11, 2022.

    Intel hires Micron Executive as next chief financial officer

    Source link Intel hires Micron Executive as next chief financial officer

    The post Intel hires Micron Executive as next chief financial officer appeared first on Eminetra.

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