June 27 (Bloomberg) -- Intel Corp., the world’s largest chipmaker, said Tom Kilroy will step down as head of sales following a leave of absence to deal with cancer.
Kilroy, 57, who will return to the Santa Clara, California-based chipmaker July 17, will help the company identify his replacement, Intel said in a filing today.
“His health has improved and he’s easing his way back into work,” Chuck Mulloy, a spokesman for Intel, said.
Kilroy, who was the general manager of Intel’s salesforce since 2009, will take up a strategy role, working with Renee James, the company’s president and No. 2 executive, the company said. As sales chief, Kilroy was one of four executive vice presidents at the company reporting to James and Chief Executive Officer Brian Krzanich.
Greg Pearson, who has headed Intel’s sales team during Kilroy’s leave, will continue in that role until a successor is found, according to the filing.
Intel shares rose less than 1 percent to $30.93 at the close in New York before the announcement. The stock has rallied 19 percent this year, helped by a rebound in demand from corporations for personal computers that use Intel’s processors.
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