Intel COO Stevenson Leaves Company In Latest Executive Shift

Kim Stevenson, Intel's chief operating officer for its Client and Internet of Things Businesses and Systems Architecture Group, is leaving the company, she recently said in a Tweet.

Stevenson had just transitioned into her new role in August, reporting to the group's president, Murthy Renduchintala, according to Intel.

In a note to employees obtained by The Oregonian ​, Renduchintala said he is looking for options to fill Stevenson's role. "I am excited for Kim as she embarks on her next journey, but find it difficult to see a strong leader leave," he said in the note.

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Intel, Santa Clara, Calif., did not respond to a request for comment before publication.

Stevenson served as CIO at Intel before her latest role with the company. Before that, she worked at EDS, a Hewlett-Packard company, as vice president until 2009. In a tweet, Stevenson said she was "on to new adventures."

Today was my last day at Intel. It's been a great 7 1/2 yrs...on to new adventures

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Stevenson's departure is the latest in an array of executive shifts after CEO Brian Krzanich in April unveiled of an overarching restructuring initiative. As part of the restructuring, aimed at refocusing the company on cloud and connected technologies, Intel said it would cut 12,000 jobs globally.

Over the past year, high-ranking executives including Kirk Skaugen, who was senior vice president in the Client Computing Group, have left the company. Others have moved to other areas of the company.

Most recently, Intel hired a new vice president of channel sales, Ricardo Moreno, to help invest further in worldwide channel sales, training and resources. In the fall, Americas channel head CJ Bruno passed the channel torch to Vice President Greg Baur.

Partners, for their part, say the executive changes reflect Intel's restructuring efforts around new lucrative markets – including the Internet of Things and cloud technologies.

"There's been a lot of executive transition … some of the people we work with have changed roles and so there is still a few things in transition," said one partner, who wished to remain anonymous. "Intel's trying to understand their channel base with new initiatives for IoT and education."