Intel (INTC) said that senior executives from its manufacturing division are set to retire, Reuters reported Friday.
Kaizad Mistry and Ryan Russell, corporate vice presidents in the technology development group, and Gary Patton, corporate vice president at its Design Technology Platform, will leave the company, the report said.
The company is also reportedly conducting talks regarding changes to the technology development group.
Intel did not immediately respond to an MT Newswires request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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