After 28 years at Intel, the company's president Renee James plans to leave the company early next year to seek a CEO role elsewhere.
James has agreed to stay at Intel until January in order to transition the Executive Office. Intel did not disclose which CEO role James is pursuing.
The company also announced several other personnel and organizational changes.
Arvind Sodhani, president of Intel's venture capital unit, will retire in January after 35 years at the company. Vice Presidents Hermann Eula and Michael Bell will also leave the company, Intel said.