Intel announced leadership changes
Intel President Renée James informed the board that she will be stepping down as President of Intel to pursue an external CEO role.
She has agreed to stay at Intel until January in order to transition the Executive Office.
During her 25 plus year career at Intel, Ms. James has spearheaded the company's strategic expansion into providing proprietary and open source software and services for applications in enterprise, security and cloud-based computing.
Ms. James's most recent role was executive vice president and general manager of the Software and Services Group.
Previously, she was the director and COO of Intel Online Services, Intel's datacenter services business.
Early in her career James also served as chief of staff for former Intel CEO Andy Grove.
Ms. James is Vice Chair of the President's National Security Telecommunications Advisory Committee.
She also serves as a non-executive director on the Vodafone Group Plc Board of Directors and is a member of the Remuneration Committee.
She served 7 years as independent director on the VMware Inc. Board of Directors and was a member of the Audit Committee.
She is also a member of the C200.
In 2014 Ms. James was ranked 21st on Fortune's Most Powerful Women in Business list, and she is ranked 45th on the Forbes 100 Most Powerful Women list.
She holds a bachelor's degree and an MBA from the University of Oregon.
Arvind Sodhani, President of Intel Capital, will retire in January after a 35-year career with the company.
Mr. Sodhani was elected vice president by the board of directors in May 1990, served as senior vice president from 2005 to 2007 and was promoted to executive vice president in December 2007.
Mr. Sodhani joined Intel in 1981 as assistant treasurer of Intel Europe, was promoted to the position of assistant treasurer of the corporation in August, 1984 and was named treasurer in July 1988.
Mr. Sodhani became president of Intel Capital in March 2005. Intel Capital, Intel's strategic investment arm, directs the company's external investments in support of Intel's strategic objectives.
Mr. Sodhani served as a member of the NASDAQ Stock Market, Inc. board of directors from 1997 – 2007.
He also served as a member of the SMART Technologies, Inc. board of directors from 2007-2013.
Mr. Sodhani received a master's degree in business administration from the University of Michigan.
President of Mergers and Acquisitions Wendell Brooks will take an expanded role to also become President of Intel Capital.
Mr. Brooks has spent 23 years in the investment banking industry split nearly equally between Europe and the United States.
Before joining Intel, Mr. Brooks served as a managing director in mergers and acquisitions for Allen & Company.
He opened the company's London office in 2008 and worked to build a European team.
In 2012, he returned to the United States to focus on large-cap media and Internet transactions.
Prior to Allen & Company, Mr. Brooks worked for 15 years as a managing director for Citigroup.
He began his career at Citigroup focused on executing transactions in the media and entertainment sectors.
Then he moved to London to run Citigroup's European media practice and was later promoted to head Citigroup's European telecom, media and technology group.
Mr. Brooks received a bachelor's degree in industrial and operations engineering from the University of Michigan and an MBA degree from the University of Chicago.
On July 1, the Intel Security organization – formerly the independent McAfee division – was formally integrated into Intel operations under the leadership of General Manager Chris Young.
Prior to joining Intel, Mr. Young served as senior vice president at Cisco's Security Business Group.
Before that, he served as senior vice president and general manager at VMware.
Mr. Young holds a bachelor's degree, cum laude, from Princeton University and an MBA degree with distinction from the Harvard Business School.
Intel Communication and Devices Group General Manager Aicha Evans has been elevated to the company's Management Committee.
Ms. Evans is corporate vice president and is general manager of the Wireless Platform Research and Development Group in the Platform Engineering Group.
Prior to PEG, she held the same title and role within the Mobile and Communications Group. Previously she was the general manager of the Mobile Wireless Group.
Ms. Evans joined Intel in 2006 as a software integration and test manager. Prior to Intel, Evans spent 10 years in various engineering management positions at Rockwell Semiconductors, Conexant and Skyworks.
Ms. Evans received a bachelor's degree in computer engineering from The George Washington University in 1996.
Hermann Eul and Mike Bell will leave the company after a transition period.
Mr. Eul is Corporate Vice President and General Manager, Mobile and Communications Group.
Mr. Eul joined Intel in February 2011 when the acquisition of Infineon's wireless solutions business was completed, forming Intel Mobile Communications, a subsidiary of the company. He was president and general manager of Intel Mobile Communications.
From 2005 to 2011 Mr. Eul was executive vice president and a member of the management board of Infineon Technologies, where he was responsible for research and development as well as sales and marketing, and prior to that served as president of Infineon's communications business.
From 1991 to 2005, before being promoted into Infieon's executive board, he held numerous management positions at Infineon and prior to that, at Siemens.
Mr. Eul studied electrical engineering at Fachhochschule Koblenz and University of Bochum, and earned a doctorate in engineering from the Bochum University.
He is an avocational professor at the University of Hanover and previously served as a full chair.
Mr. Bell is corporate vice president and general manager of the New Devices Group for Intel Corporation.
Prior to joining Intel in 2010, he was part of the executive management team at Palm Inc.
From 2007 to 2010 he served as senior vice president of product development.
Prior to his time at Palm, Mr. Bell was vice president, CPU Software, Macintosh Hardware Division, at Apple.
Over the course of his career at Apple, spanning 1991 to 2007, he made significant contributions to the iMac, Apple TV and iPhone programs. ■