TAKING A BACK SEAT: James was executive vice president and general manager of the software and services group, chief operating officer of online services and data centre services business during her 28 years at Intel. Pictured is Bank of America chief executive officer Brian Moynihan with James.
Intel Corp president Renee James will step down in Jan to pursue an external chief executive role, Intel chief executive Brian Krzanich said in a statement.
During her 28 years at Intel, James has held roles of executive vice president and general manager of the software and services group and chief operating officer of the chipmaker's online services, data centre services business among others, according to the company's website.
Intel also announced the departure of Arvind Sodhani, the president of its venture capital arm. Sodhani would retire in January, handing over the reins to Wendell Brooks, president of mergers and acquisitions.
Sodhani, whose career with the company spans 34 years, is a vice president too.
"I have been a financial investor all my professional life, and that will most likely not change," Sodhani said. — Reuters
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