Intel's interim co-CEO Zinsner says new chief executive will have foundry experience

Zaheer Kachwala - Reuters - 05/12

Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said on Wednesday.

Dec 4 (Reuters) - Intel's (INTC.O), opens new tab next chief executive officer will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said on Wednesday.

Reuters reported on Tuesday that Intel has started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a day after the company announced the resignation of CEO Pat Gelsinger following impatience with the pace of a costly turnaround.

"I'm not in the process, but I'm guessing that the CEO will have ... both some capability around foundry as well as on the product side," Zinsner said at the UBS technology conference, adding that Intel's core strategy remains intact.

Zinsner said there was no change to the forecast provided during the company's previous earnings report in October when it expressed optimism about the future of its PC and server business.

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Source and Copyright images and texts: Zaheer Kachwala - Reuters
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