It has long been known that CFO George Davis will retire in 2022, so Intel has been actively looking for a successor. In addition to his speech at an investor event in February, the new CFO has the task of implementing a massive corporate transformation that was prepared by Patrick Gelsinger. The new CFO of Intel is David Zinsner, who previously held a similar position at Micron Technology.
These personnel changes have already been positively received by the market for Intel, as the company’s share gained 3.31% during trading hours and 3.02% after close of trading. David Zinsner will take over the position of Chief Financial Officer of Intel on January 17th this year, his predecessor Davis will act as a consultant until May before he finally leaves the company. Intel will publish its quarterly report on January 26th with the participation of the new CFO.
This week was marked by two further personnel changes in the Intel leadership. Gregory Bryant, who was an active contributor to the company’s customer innovation story at CES 2022, will step down as executive vice president and head of client computing group Michelle Johnston Holthaus, who until recently was responsible for company revenue and customer relationships. Sales and marketing. Michelle has been working in Intel structures for about 25 years. Her appointment to this senior position could symbolize the company’s desire to strengthen relationships with computer manufacturers. Gregory Bryant will leave Intel after a successful 30 year career with the company. It is assumed that as CEO he will have to run another company.