Intel Corp (INTC)

[Koog]

Sohail U. Ahmed, senior vice president and general manager of the Technology and Manufacturing Group at Intel Corporation has announced he plans to retire from Intel. His last day will be November 21, 2018. I don't have a link, the information came from an internal announcement.

Other news:

Toshiba Memory said Thursday it appointed Stacy Smith, former chief financial officer of Intel, as executive chairman effective Oct. 1.

The former Toshiba chipmaking subsidiary, now under the umbrella of a multinational consortium led by U.S. private equity fund Bain Capital, is looking to strengthen overseas marketing while it prepares to go public in three years.

Smith also joins the board of Toshiba Memory. President Yasuo Naruke remains the sole representative director. The other board members comprise Hoya CEO Hiroshi Suzuki and three people from Bain, including its Japan representative, Yuji Sugimoto. Hoya holds a 9.9% stake in Toshiba Memory.

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Smith joined Intel in 1988, eventually becoming CFO and president of manufacturing, operations and sales before leaving in January. He serves as a board member at Autodesk and finance startup Metromile, positions he will maintain for the time being.

https://asia.nikkei.com/Business/Companies/Toshiba-Memory-names-former-Intel-CFO-as-chairman