Gelsinger out in Intel executive shakeup
The chipmaker announces a shakeup that will see longtime executive Pat Gelsinger depart after 30 years with the company. He's headed to EMC.
Editors' note, Monday 6:16 a.m. PDT: Intel and EMC have officially announced executive changes as outlined below. See thefor more details.
Intel is expected to announce a management shakeup Monday that will see Senior Vice President Pat Gelsinger leaving after 30 years at the chip giant, according to a report in the New York Times.
Management changes will include sales and marketing chief Sean Maloney taking over the company's major chip businesses, while laptop chips head Dadi Perlmutter will take over engineering for all chip divisions, according to the report.
The official announcement is expected before the market opens Monday, according to one person familiar with the changes.
Gelsinger, senior vice president and co-general manager of Intel's Digital Enterprise Group, joined Intel in 1979. He led Intel Labs, which encompasses many Intel research activities, and was Intel's chief technology officer.
Gelsinger has been a high-profile presence at many Intel forums over the years including its marquee Intel Developer Forum event.
Maloney, Intel's sales chief, is also considered to be a possible successor to Intel CEO Paul Otellini.
Intel representatives declined to comment on the report.
Update, Monday 5:36 a.m. PDT: The Wall Street Journal reported overnight that EMC is expected to announce Monday that it is hiring Gelsinger to run its storage products business, along with some software units.