Intel may announce management rejig today

Intel is expected to announce a management shake-up on Monday that will see its core chip business-head Patrick Gelsinger leave the company after 30 years, says a media report.

Attributing to people briefed on the company, The New York Times said, Intel is expected to reveal a sweeping management change on Monday.

Among other changes, the chip maker would announce that Pat Gelsinger, the senior vice president in charge of Intel's enterprise group, is leaving the company after 30 years performing a variety of roles, the report said citing these people.

The Wall Street Journal said 48-year-old Gelsinger would run computer-storage giant EMC's storage-products operations and some smaller software units, effective immediately.

As Gelsinger departs, Sean Maloney, Intel's head of sales and marketing, would take on an even larger role at the company, the NYT said citing the same people.

All of Intel's major chip businesses, including its PC, graphics and server chips would fall under Maloney, while Dadi Perlmutter, the head of Intel's laptop chips, would now oversee engineering for all the chip divisions.

Maloney, Intel's sales chief, is also considered to be one of the possible successor to Intel CEO Paul Otellini.

According to the WSJ, Gelsinger plans to retain a home in Silicon Valley, where EMC has numerous operations, while also buying a residence in Massachusetts.

EMC is likely to set up an internal battle to succeed its chief executive officer Joseph Tucci.

According to the publication, chief financial officer David Goulden, 50, is among the possible successors of chief executive.

Tucci, plans to leave the CEO spot in three years. In addition, the report said EMC also promoted veteran executive Howard Elias, 52, to head the services division, which includes maintenance, consulting and back-up storage.

EMC is also the market leader in external disk storage -- storage systems located outside of server cabinets with a 21.5 per cent share, the report said attributing to market researcher IDC Corp.