Intel President James Steps Down to Seek CEO Role Elsewhere

Intel Corp. President Renée James will step down to seek a chief executive officer role elsewhere, in a reshuffle that cements CEO Brian Krzanich’s control over the world’s largest chipmaker.

Intel’s highest-ranking woman, who sent a letter to employees Thursday, didn’t specify where her next job will be. She was one of three main internal candidates for the top job two years ago and was given the president role after backing Krzanich in a joint pitch to the board.