Two longtime Intel executives are out as the company revamps its leadership after hiring Dr. Venkata "Murthy" Renduchintala from Qualcomm.
In an email to employees, Intel CEO Brian Krzanich and Renduchintala, who is president of the client and Internet of things and systems architecture units, outlined the changes.
Doug Davis, who led the Internet of things unit for Intel, will retire at the end of the year. Davis had been with Intel 32 years and had been pondering retiring. Renduchintala's hiring probably pushed that decision along.
In addition, Kirk Skaugen, who most recently ran Intel's client computing unit, will also leave the company effective April 8. Skaugen was a high-profile executive and led Intel's data center and PC units.
Officially, Skaugen is leaving for his "next career opportunity." Navin Shenoy will take over Intel's client computing unit.