Lip-Bu Tan has been appointed as the Chief Executive Officer of Intel Corporation, adding significant leadership strength to the company’s executive team. Alongside his role as CEO, he has also become a member of Intel’s board of directors. With a rich background spanning the semiconductor, software, and venture capital sectors, Lip-Bu Tan brings extensive experience that is expected to help drive Intel’s next phase of growth and innovation.
Prior to joining Intel, Lip-Bu Tan led Cadence Design Systems (India) Pvt. Ltd. as CEO, where he successfully spearheaded a transformative phase that resulted in substantial revenue growth and improved profitability. In addition to his leadership at Cadence, he has served on various boards, including Credo Technology Group, LLC and Schneider Electric, and has built strong connections across Intel’s product and foundry ecosystems. His wide-ranging expertise positions him well to guide Intel through evolving market demands and technological advancements.
As Intel focuses on rebuilding its process technology roadmap and advancing customer-centric innovation, Lip-Bu Tan’s leadership is seen as pivotal. His appointment reflects Intel’s renewed commitment to strengthening its position in the semiconductor industry and seizing new growth opportunities. Recognized for his contributions to the sector, including receiving the Robert N. Noyce Award, Tan is expected to bring a visionary approach to Intel’s strategic goals.
With Lip-Bu Tan at the helm, Intel is poised to accelerate its transformation, focusing on innovation and delivering enhanced value to customers and stakeholders. His leadership marks an important milestone in Intel’s journey toward redefining its role in the global technology landscape.