Intel’s Strategy Chief Yeboah-Amankwah Exits

Intel is seeing another major leadership shift as Safroadu Yeboah-Amankwah, the company’s chief strategy officer, prepares to depart by the end of June. This development marks the latest in a series of strategic realignments under the leadership of Lip-Bu Tan, who assumed the CEO role in March. Intel confirmed the departure, expressing gratitude for Yeboah-Amankwah’s contributions and wishing him well.

Leadership Reshuffle Under Tan

Yeboah-Amankwah, who has held the chief strategy officer position since 2020, was responsible for overseeing crucial growth initiatives, strategic partnerships, and equity investments for the chipmaking giant. His responsibilities will now be partially absorbed by Sachin Katti, who recently earned a promotion to chief technology and AI officer. Furthermore, Intel Capital, the company’s venture arm, will now report directly to Tan, a notable venture capitalist who founded Walden International in 1987.

Since taking the helm, Tan has moved swiftly to restructure Intel’s leadership team, aiming for a flatter organizational hierarchy. He has assumed direct oversight of critical divisions, including the data center and AI chip group, as well as the personal-computer chip group. His tenure has also seen the introduction of new engineering leaders, reflecting a concerted effort to streamline operations and enhance efficiency. Tan’s initiatives are reportedly aimed at trimming what he perceives as a cumbersome and slow-moving middle-management layer within the company.

A New Chapter for Intel

These organizational changes come on the heels of several challenging years for Intel, marked by manufacturing difficulties and missed opportunities in the rapidly evolving mobile phone and AI chip markets. The previous CEO, Pat Gelsinger, embarked on an ambitious turnaround strategy, though it reportedly exacerbated some of Intel’s existing issues. The company reported a significant net loss of $18.8 billion in 2024, its first annual net loss attributable to the company since 1986. Tan’s leadership is seen as a pivotal moment for Intel, as the company strives to regain its competitive edge in the semiconductor industry.