Intel's major management changes include new Chief Operating Officer and Chief Product Officer

Intel Corporation announced a number of executive promotions and rotations today that recognize outstanding performance and assign new responsibilities as part of Intel's commitment to management development. Andy Bryant will move from vice chairman of the board to full-time executive chairman. Brian Krzanich is promoted to chief operating officer, reporting to Paul Otellini, president and CEO. Dadi Perlmutter is being promoted to chief product officer. Stacy Smith, senior vice president and chief financial officer, will now report directly to Otellini. He had previously reported to Bryant. Bill Holt, senior vice president and head of Technology Development, will also now report directly to Otellini. He, too, had reported to Bryant. Holt and Krzanich will continue to co-manage the Technology and Manufacturing Group. Kirk Skaugen, Intel vice president and head of Intel’s data center business, will become the new head of the PC Client Group (PCCG), succeeding Intel Vice President Mooly Eden, and reporting to Perlmutter. Diane Bryant, Intel vice president and CIO, will lead the data center business and succeed Skaugen as general manager of that group. She will report to Perlmutter. Kim Stevenson, vice president of IT Global Operations and Services, will succeed Diane Bryant as CIO and report to Krzanich.