Intel’s ongoing executive shuffle continued Monday with a new chief information officer hired from Dow Chemical. Paula Tolliver replaces Kim Stevenson, who will now run Intel’s largest division, which includes PCs, mobile devices and the emerging Internet of Things.
Stevenson succeeds for former Intel vice president Kirk Skaugen, who left the company in April as Intel geared up for one of the biggest overhauls in its history. Skaugen held the title of vice president; Stevenson will be chief operating officer of her division, which is known internally by an unwieldy moniker: “Client and Internet of Things Businesses and Systems Architecture.”
Intel is repositioning its business to focus less on the fading PC business and put more emphasis on data centers and the Internet of Things, an industry term for a new class of connected appliances and wearable computers. Last spring, Intel began a yearlong process of eliminating 12,000 jobs to cut costs and reposition the business.
Tolliver had spent 20 years at Dow, where she also held the title of CIO. Intel, under chief executive Brian Krzanich, has broken a long tradition of internal promotions and begun recruiting top management from outside the business. Other examples include Steven Fund, hired from Procter & Gamble, and Venkata “Murthy” Renduchintala, hired last year from Intel rival Qualcomm.
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Krzanich has also pledged to increase Intel’s diversity in its management ranks. With the addition of Tolliver, Intel’s top 24 executives now includes four women. Last month, Intel added a second woman to its 11-member board when by naming University of California researcher Tsu-Jae King Liu a director.
Date: August 01, 2016