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Home Companies Large-Cap

Intel Hires Top Industry Talent to Bolster Engineering and AI Teams

byLiliana Vida
June 18, 2025
in Large-Cap, Semiconductors
Reading Time: 2 mins read
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CEO Lip-Bu Tan accelerates leadership overhaul with key executive appointments amid turnaround push

Intel (INTC) has made a bold move in its ongoing turnaround strategy, announcing the hiring of three senior chip industry veterans for key engineering and networking roles. The appointments come under the leadership of newly appointed CEO Lip-Bu Tan, who is reshaping Intel’s management structure to reinvigorate innovation and competitiveness.

The hires include Srinivasan Iyengar, Jean-Didier Allegrucci, and Shailendra Desai—each bringing decades of technical and leadership experience to critical engineering divisions. Iyengar, who previously served at Cadence Design Systems, will head Intel’s new customer engineering center and report directly to Tan. Allegrucci, formerly with Rain AI, will lead development of Intel’s AI System-on-Chip (SoC) engineering, while Desai, a former Google executive, will drive new AI chip architecture development. Both Allegrucci and Desai will report to Sachin Katti, Intel’s chief technology and AI officer.

Tan, who took the helm in March, has prioritized streamlining Intel’s leadership, cutting unnecessary layers of management, and placing a sharper focus on engineering execution and customer satisfaction. Among his early changes was the promotion of longtime sales leader Greg Ernst to chief revenue officer.

“Greg, Srini, J-D and Shailendra are highly accomplished leaders with strong reputations across our ecosystem and they will each play important roles as we position our business for the future,” Tan said.

The new appointments reflect Intel’s renewed emphasis on strengthening its foundry and AI businesses as it works to regain its footing in a rapidly evolving semiconductor landscape. With experienced talent now in place, Tan is doubling down on the company’s engineering foundation to lead Intel into its next chapter.

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Highlights

  • Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter
  • Intel Hires Top Industry Talent to Bolster Engineering and AI Teams
  • MIRA Pharmaceuticals Secures Key Publication for Ketamir-2, a Next-Gen Ketamine Analog
  • AMD’s Growth Engine Accelerates as Piper Sandler Raises Price Target to $140
  • Strategy Doubles Down on Bitcoin with $1.05B Buy Despite Market Jitters

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Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter

June 20, 2025

Intel Hires Top Industry Talent to Bolster Engineering and AI Teams

June 18, 2025

MIRA Pharmaceuticals Secures Key Publication for Ketamir-2, a Next-Gen Ketamine Analog

June 18, 2025
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