Recent #Leadership news in the semiconductor industry
➀ Lip-Bu Tan will become the CEO of Intel starting March 18th;
➁ Tan resigned from the board last August due to dissatisfaction with the company's workforce, culture, and AI strategy;
➂ Tan expressed confidence in Intel's ability to win and emphasized the company's essential role in the global technology ecosystem.
➀ According to Northwest Executive Education, the ten best paid US execs last year were listed with their respective salaries.
➁ The list includes notable figures such as Elon Musk, Tim Cook, Sundar Pichai, and others.
➂ The highest earner was Elon Musk with $23.5 billion.
➀ Justin Hotard, the executive vice president and general manager of Intel's Data Center and AI Group, has left Intel to become the CEO of Nokia.
➁ Intel has appointed an interim head for its datacenter and AI unit and will start searching for a new permanent general manager.
➂ Hotard joined Intel in early 2024, and his tenure was marked by successes and challenges, including the launch of new CPUs and missed sales expectations.