💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Ex-Intel executive departs Google as chipmaker searches for CEO

Published 07/03/2018, 12:34 PM
Updated 07/03/2018, 12:40 PM
© Reuters. The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris
INTC
-
MSFT
-
GOOGL
-
AMZN
-
META
-
GOOG
-

By Stephen Nellis

(Reuters) - Diane Bryant, a former Intel Corp (O:INTC) executive who headed the chipmaker's data center unit, is leaving Alphabet Inc's (O:GOOGL) 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 (O:AMZN) and Microsoft Corp (O:MSFT) 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.

© Reuters. The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.