Intel’s Chief Engineering Officer Is Leaving the Chipmaker

  • Renduchintala’s exit reflects pressure to fix manufacturing
  • His tenure was marked by turmoil, other executive departures

Murthy Renduchintala

Photographer: David Maung/Bloomberg

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Intel Corp. ousted Chief Engineering Officer Murthy Renduchintala, the executive in charge of the company’s vast chip-design and manufacturing organization, less than a week after saying it has fallen further behind rivals in production technology.

The executive will leave Aug. 3, and his organization will be split up and led by other leaders. Intel said it was making the changes “to accelerate product leadership and improve focus and accountability in process technology execution,” according to a company statementBloomberg Terminal on Monday.