Intel Products CEO Michelle Johnston Holthaus Resigns, Leadership Reshuffled

Intel announced the resignation of Michelle Johnston Holthaus as CEO of Intel Products after more than three decades with the company, with her departure coming amid CEO Lip-Bu Tan's efforts to restructure and streamline Intel's leadership and operations. Holthaus, who also served as interim co-CEO earlier this year, will remain a strategic advisor through March 2026 to assist with the transition. Alongside her departure, Intel named Kevork Kechichian, formerly of Arm, as executive vice president and general manager of its data center group, and Jim Johnson as senior vice president and general manager of its client computing group. The company also established a new central engineering group led by Srinivasan Iyengar, and expanded Naga Chandrasekaran's role to include Foundry Services. These changes reflect Intel's strategic shift to improve product focus, cost structure, and margins, while addressing ongoing financial and competitive challenges. The announcements come amid broader industry and political attention, including President Donald Trump's recent call for Tan's resignation and the U.S. government's plan to acquire a 10% stake in Intel.