Ex-Intel executive departs Google as chipmaker searches for CEO

By Kitco News / July 03, 2018 / www.kitco.com / Article Link

(Reuters) - Diane Bryant, a former Intel Corp (INTC.O) executive who headed the chipmaker’s data center unit, is leaving Alphabet Inc’s (GOOGL.O) cloud computing unit less than a year after joining and just as her old employer searches for a new chief executive.

Google Cloud, the unit of Alphabet that competes against Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) to sell computing services to businesses, confirmed on Tuesday that Bryant had departed. Bryant left Intel in 2017 and joined Google’s cloud unit as chief operating officer later that year.

In a statement, Google said of Bryant that it was “grateful for the contributions she made while at Google and we wish her the best in her next pursuit.” Business Insider earlier reported the news of Bryant’s departure.

Intel has launched a search involving both internal and external candidates for a new CEO. Former Chief Executive Officer Brian Krzanich resigned last month after a probe of a relationship he had with another Intel employee that violated a company anti-fraternization policy.

Analysts widely expect that Intel’s interim CEO, finance chief Bob Swan, will not seek to fill the top job permanently. Intel, which was founded 50 years ago this month, has never appointed an outsider as CEO, instead drawing on longtime top executives.

An Intel spokesman declined to comment on the company’s CEO search or whether Bryant was under consideration for the job.

Before she departed Intel, Bryant oversaw the company’s data center group, selling chips to large customers like Facebook Inc (FB.O), Google and Microsoft. Such “data centric” chip sales have grown to account for half of Intel’s revenue.

Reporting by Stephen Nellis; Editing by Tom Brown

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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