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Intel ousts chief engineer Renduchintala after company falls behind rivals

Intel said it is reorganizing technology, systems architecture and client group and new leaders will report to CEO Bob Swan

The logo of Intel, the world's largest chipmaker is seen at their offices in Jerusalem
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Intel sold the business to Apple for $1 billion, a fraction of what it had invested in the effort.

Reuters
Intel Corp's Chief Engineering Officer Murthy Renduchintala is departing, part of a move in which a key technology unit will be separated into five teams, the chipmaker said on Monday.

Intel said it is reorganizing its technology, systems architecture and client group. Its new leaders will report directly to Chief Executive Officer Bob Swan.

Ann Kelleher, a 24-year Intel veteran, will lead development of 7-nanometer and 5-nanometer chip technology processes. Last week, the company had said the smaller, faster 7-nanometer chipmaking technology was six months behind schedule and it would have to rely more on outside chipmakers to keep its