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After a number of veterans and technology giants joined, Intel recruited Micron CFO, what is the intention?

author:Xinzhixun
After a number of veterans and technology giants joined, Intel recruited Micron CFO, what is the intention?

In the early morning hours of Jan. 11, Intel announced a major personnel change, with Former Micron Technology CFO (Chief Financial Officer) David Zinsner becoming Intel's CFO. Meanwhile, Intel Executive Vice President Michelle Johnston Holthaus will succeed outgoing Gregory Bryant as head of CCG business as head of Intel's PC business.

This is another big change after a series of adjustments to Intel's internal executives after Intel's new CEO, Pat Gelsinger, took office. This move may be to better promote Intel's IDM 2.0 strategy. After all, since the launch of the IDM 2.0 strategy, Intel's continuous investment has been continuous, which can be described as spending money, and it really needs to have a good CFO to manage accordingly.

Last March, Kissinger, a veteran of 30 years at Intel and the first CTO in Intel's history, launched a new IDM 2.0 strategy after returning to Intel as CEO.

In order to promote the IDM 2.0 strategy, since last year, Intel has spent a lot of money on the global fab, strengthen its own production capacity, and restart the wafer foundry business. For example, it will invest $20 billion to build two 12-inch advanced process fabs in the United States, and announce that it will invest 80 billion euros in Europe to build advanced process production capacity in the next 10 years. In addition, Intel plans to increase production capacity in Ireland, Israel, and plans to increase existing fab capacity by 30% by 2026, that is, within five years.

On the other hand, Intel has paid close attention to the research and development progress of advanced processes and advanced packaging technologies, not only renaming its process, but also announcing that it will preempt the TSMC production 20A (2nm) process in 2024;

In addition, Intel has also begun to use the production capacity of third parties to produce its own chips to select the appropriate process process and foundry party according to the characteristics of its own products to enhance the competitiveness of products.

Kissinger has said, "IDM 2.0 is a powerful combination of Intel's in-house factory network, third-party capacity, and new Intel foundry services. We've set the direction to usher in a new era of innovation and product leadership for Intel. Intel is the only company with depth and breadth of technology from software, chips and platforms, packaging to mass manufacturing processes, and is committed to being the next generation of innovation partners our customers trust. The IDM 2.0 strategy, which only Intel can do, will be our winning formula. In every area where we compete, we will use IDM 2.0 to design the best products while manufacturing them in the best possible way. ”

If Kissinger wants to achieve its "IDM 2.0" strategy, the most critical thing is talent.

As a result, after Intel announced in January last year that Kissinger would become Intel's CEO, many of Intel's original veterans began to flow back.

For example, Sunil Shenoy, a veteran who has worked at Intel for 33 years, has officially returned to Intel as senior vice president and general manager of the Design Engineering Group, leading the design, development, verification and manufacture of intellectual property and system chips for customer and data center applications.

Another veteran who has returned to Intel is Glenn Hinton, who gave birth to the Nehalem architecture and is known as the father of the Core-i7 processor. Glenn Hinton has been with Intel for nearly 35 years, and although he has been retired for more than 3 years, after Kissinger decided to return to Intel to take over the CEO, Glenn Hinton also revealed on his personal Linkedin page that he was ready to return to Intel to take over the high-performance CPU design business.

Last June, Intel CEO Henry Kissinger announced a restructuring plan to split the Data Platforms Division (DPG) into the Data Center and Artificial Intelligence Divisions, as well as the Network and Edge Divisions, and to create two new divisions: Accelerated Computing Systems and Graphics and Software and Advanced Technologies Divisions. Among them, the former will focus on high-performance computing and will also focus on graphics technology, while the latter will "drive Intel's software vision."

At the same time, Kissinger also made corresponding personnel adjustments. First, Kissinger recruited Greg Lavender, former senior vice president and CTO (Chief Technology Officer) of VMWare with 35 technology experience, as Intel's CTO, and also served as the general manager of the newly established Software and Advanced Technology Business Unit, responsible for Intel's business in technology innovation and research initiatives, and continued to realize Intel's vision of software unification.

In addition, Kissinger recruited Nick McKeown, a member of the National Academy of Engineering, a professor at Stanford University, and the godfather of SDN (software-defined networking), to be the general manager of Intel's Networking and Edge Division, which merged Intel's network platform, Internet of Things, and connectivity businesses. Nick McKeown also previously served as an adjunct senior researcher at Intel.

Sandra Rivera, former CPO (Chief Personnel Officer), was named Executive President and General Manager of the Data Center and Artificial Intelligence Division. This division is responsible for the sale of Chips related to Intel's data centers. Raja Koduri, Intel's chief architect responsible for developing Intel's graphics chip architecture Xe, will lead the new High Performance Computing and Graphics Group (AXG).

Kissinger said, "These four senior executives can improve focus and execution, accelerate innovation, and inspire a large number of talents." "But at the same time, I think the company must pick up the pace to achieve its ambitions."

After only half a year, with Intel's current CFO George Davis retiring in May this year, Kissinger quickly introduced David Zinsner, former CFO of Micron Technology, as Intel's CFO.

David Zinsner will take office on Jan. 17, after being the CFO of Micron Technologies before joining Micron in 2018. At the same time, Miko ren has appointed Sumit Sadana as the temporary CFO and has begun to recruit candidates to find a new CFO.

Kissinger said David Zinsner has more than 20 years of experience in the semiconductor industry and will report to the CEO after joining Intel and oversee Intel's global finance organization, including finance, accounting and reporting, taxation, finance, internal audit and investor relations.

In addition to the CFO change, the head of Intel's CCG client computing division has also been replaced, previously by Executive Vice President George Davis, who joined Intel in 1992 but will leave Intel at the end of January to look for new opportunities. George Davis was replaced by a female executive, Michelle Johnston Holthos.

Michelle joined Intel as early as 1996, has done management work in agency products, PC client products, channel products and other positions, since 2017 as the director of sales marketing and communications division, and currently serves as the executive vice president and general manager of Intel's sales, marketing and communication business, with rich experience in client sales management.

Intel CEO Kissinger said that Michelle has driven the company to record sales and revenue in the past five years, has a deep understanding of the client computing division, and has good partnerships across the industry, and is the best person to lead Intel's core business. Michelle will be responsible for the strategic, financial, and product development of Intel's client technology and platform.

It is also worth mentioning that recently, Jeff Wilcox, director of Apple's Mac system architecture, also announced that he would return to his old club Intel as the chief engineer of the design engineering team. Previously, Wilcox had been with Intel for 3 years since 2010.

It can be seen that after kissinger, the new CEO of Intel, who came from technology, is constantly adjusting Intel's internal architecture and actively introducing Intel veterans and external talents, making Intel return to the technology-oriented development path and paving the way for the smooth advancement of its IDM 2.0 strategy.

Editor: Xin ZhiXun - Lin Zi

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