Intel Appoints Stuart Pann to Lead Intel Foundry Services :: Intel Corporation (INTC)






Pann to speed up progress of Intel’s open up systems foundry featuring.
SANTA CLARA, Calif.–(Enterprise WIRE)–
Intel Corporation today introduced the appointment of Stuart Pann as senior vice president and typical supervisor of Intel Foundry Companies (IFS), Intel’s commercial foundry enterprise. Pann will report to Intel CEO Pat Gelsinger and drive continued growth for IFS and its differentiated units foundry presenting, which goes beyond conventional wafer fabrication to include things like packaging, chiplet criteria and program, as nicely as U.S.- and Europe-dependent capability.
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Stuart Pann is senior vice president and general supervisor of Intel Foundry Companies (IFS), Intel’s professional foundry enterprise. (Credit rating: Intel Company)
“The market is responding nicely to our programs foundry solution and we’re observing powerful momentum, which include the the latest announcement of a important cloud, edge and info center solutions company as a client for our forthcoming Intel 3 method,” claimed Gelsinger. “With deep skills in funds and capacity techniques, supply chain administration, and profits and functions setting up across inner and external producing, Stuart is an perfect leader to accelerate this momentum and drive long-term expansion for IFS.”
Pann beforehand served as senior vice president, chief enterprise transformation officer and basic supervisor of Intel’s Company Planning Team. As aspect of this role, he founded the company’s IDM 2. Acceleration Workplace to information the implementation of an inside foundry model, fundamentally shifting the way the firm operates to be extra dependable with other top rated foundries. In addition to placing Intel business enterprise units on very similar financial footing as exterior IFS customers, the internal foundry product will spotlight and push the elimination of legacy charges and offer extra transparency on the company’s money execution. As basic manager of IFS, Pann will remain intently engaged with that work even though representing the interests of IFS and its consumers in restricted partnership with Intel’s Technological innovation Growth and Manufacturing, Provide Chain and Operations corporations.
“Intel Foundry Providers is a critical pillar of our IDM 2. system, and it’s been enjoyable to view it develop from an plan to an functioning small business with a world-course IP portfolio and important consumers in less than two several years,” Pann explained. “I am committed to championing the passions of our foundry prospects and to aiding them get advantage of Intel’s main-edge approach technological know-how and total stack of open units foundry choices so they can be successful in a planet that requires at any time additional computing.”
Pann started out his occupation at Intel and returned to the corporation in 2021, acquiring formerly served as main provide chain officer and chief information officer at HP for six yrs. Prior to that, Pann served as company vice president and general supervisor of Intel’s Organization Management Group, responsible for pricing, earnings and forecasting features for the company’s microprocessor and chipset operations. Pann retains a bachelor’s degree in electrical engineering from Michigan Technological University and an MBA from the University of Michigan.
Pann replaces Dr. Randhir Thakur, the inaugural general manager of Intel Foundry Companies, who stepped down from the function in November 2022 and will depart Intel at the finish of March to start off a new chapter exterior the business.
About Intel
Intel (Nasdaq: INTC) is an business leader, building environment-modifying technological innovation that enables global development and enriches life. Motivated by Moore’s Law, we continually operate to advance the design and producing of semiconductors to assist tackle our customers’ greatest issues. By embedding intelligence in the cloud, community, edge and each variety of computing gadget, we unleash the opportunity of info to completely transform business enterprise and modern society for the much better. To master additional about Intel’s innovations, go to newsroom.intel.com and intel.com.
© Intel Company. Intel, the Intel logo and other Intel marks are emblems of Intel Corporation or its subsidiaries. Other names and makes could be claimed as the property of others.
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Source: Intel Corporation
Launched Mar 21, 2023 • 1:30 PM EDT

