{"id":741678,"date":"2023-03-21T13:33:06","date_gmt":"2023-03-21T17:33:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/"},"modified":"2023-03-21T13:33:06","modified_gmt":"2023-03-21T17:33:06","slug":"intel-appoints-stuart-pann-to-lead-intel-foundry-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/","title":{"rendered":"Intel Appoints Stuart Pann to Lead Intel Foundry Services"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Intel Appoints Stuart Pann to Lead Intel Foundry Services<\/b><\/p>\n<p class=\"bwalignc\"><b>Pann to accelerate development of Intel\u2019s open systems foundry offering.<\/b><\/p>\n<p>SANTA CLARA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nIntel Corporation today announced the appointment of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.intel.com%2Fcontent%2Fwww%2Fus%2Fen%2Fnewsroom%2Fbiographies%2Fbiography-stuart-pann.html&amp;esheet=53365036&amp;newsitemid=20230321005442&amp;lan=en-US&amp;anchor=Stuart+Pann&amp;index=1&amp;md5=e0ab87bd417ee3ed210e4f213a33e24b\">Stuart Pann<\/a> as senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. Pann will report to Intel CEO Pat Gelsinger and drive continued growth for IFS and its differentiated systems foundry offering, which goes beyond traditional wafer fabrication to include packaging, chiplet standards and software, as well as U.S.- and Europe-based capacity.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 360px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230321005442\/en\/1743291\/4\/Intel-Stuart-Pann.jpg\" alt=\"Stuart Pann is senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. (Credit: Intel Corporation)\" \/><\/p>\n<p style=\"font-size:85%\">Stuart Pann is senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. (Credit: Intel Corporation)<\/p>\n<\/div>\n<p>\n\u201cThe industry is responding well to our systems foundry approach and we\u2019re seeing strong momentum, including the recent announcement of a significant cloud, edge and data center solutions provider as a customer for our upcoming Intel 3 process,\u201d said Gelsinger. \u201cWith deep expertise in capital and capacity strategies, supply chain management, and sales and operations planning across internal and external manufacturing, Stuart is an ideal leader to accelerate this momentum and drive long-term growth for IFS.\u201d\n<\/p>\n<p>\nPann previously served as senior vice president, chief business transformation officer and general manager of Intel\u2019s Corporate Planning Group. As part of this role, he established the company\u2019s IDM 2.0 Acceleration Office to guide the implementation of an <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.intel.com%2Fcontent%2Fwww%2Fus%2Fen%2Fnewsroom%2Fnews%2Fintel-embraces-internal-foundry-model.html&amp;esheet=53365036&amp;newsitemid=20230321005442&amp;lan=en-US&amp;anchor=internal+foundry+model&amp;index=2&amp;md5=e0db3ac131a90364b60af9f0fe41a327\">internal foundry model<\/a>, fundamentally shifting the way the company operates to be more consistent with other top foundries. In addition to placing Intel business units on similar economic footing as external IFS customers, the internal foundry model will highlight and drive the elimination of legacy costs and provide more transparency on the company\u2019s financial execution. As general manager of IFS, Pann will remain closely engaged with that work while representing the interests of IFS and its customers in tight partnership with Intel\u2019s Technology Development and Manufacturing, Supply Chain and Operations organizations.\n<\/p>\n<p>\n\u201cIntel Foundry Services is a critical pillar of our IDM 2.0 strategy, and it\u2019s been exciting to watch it grow from an idea to an operating business with a world-class IP portfolio and significant customers in less than two years,\u201d Pann said. \u201cI am committed to championing the interests of our foundry customers and to helping them take advantage of Intel\u2019s leading-edge process technology and full stack of open systems foundry offerings so they can succeed in a world that demands ever more computing.\u201d\n<\/p>\n<p>\nPann started his career at Intel and returned to the company in 2021, having previously served as chief supply chain officer and chief information officer at HP for six years. Prior to that, Pann served as corporate vice president and general manager of Intel\u2019s Business Management Group, responsible for pricing, revenue and forecasting functions for the company\u2019s microprocessor and chipset operations. Pann holds a bachelor\u2019s degree in electrical engineering from Michigan Technological University and an MBA from the University of Michigan.\n<\/p>\n<p>\nPann replaces Dr. Randhir Thakur, the inaugural general manager of Intel Foundry Services, who stepped down from the role in November 2022 and will depart Intel at the end of March to start a new chapter outside the company.\n<\/p>\n<p><b>About Intel<\/b><\/p>\n<p>\nIntel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore\u2019s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers\u2019 greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel\u2019s innovations, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnewsroom.intel.com%2F&amp;esheet=53365036&amp;newsitemid=20230321005442&amp;lan=en-US&amp;anchor=newsroom.intel.com&amp;index=3&amp;md5=432b80840a970955402573836e7bd517\">newsroom.intel.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fintel.com%2F&amp;esheet=53365036&amp;newsitemid=20230321005442&amp;lan=en-US&amp;anchor=intel.com&amp;index=4&amp;md5=9f0da29195441acd236b9e2883fb3672\">intel.com<\/a>.\n<\/p>\n<p>\n\u00a9 Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230321005442r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/<\/a><\/span><\/p>\n<p>\nWilliam Moss<br \/>\n<br \/>Media Relations<br \/>\n<br \/>1-650-521-1754<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:william.moss@intel.com\">william.moss@intel.com<\/a><\/p>\n<p>\nErin Tyrrell<br \/>\n<br \/>Investor Relations<br \/>\n<br \/>1-916-377-9036<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:erin.tyrrell@intel.com\">erin.tyrrell@intel.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Networks Semiconductor Data Management Technology Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230321005442\/en\/817781\/3\/intel_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230321005442\/en\/1743291\/3\/Intel-Stuart-Pann.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Stuart Pann is senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. (Credit: Intel Corporation)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Intel Appoints Stuart Pann to Lead Intel Foundry Services Pann to accelerate development of Intel\u2019s open systems foundry offering. SANTA CLARA, Calif.&#8211;(BUSINESS WIRE)&#8211; Intel Corporation today announced the appointment of Stuart Pann as senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. Pann will report to Intel CEO Pat Gelsinger and drive continued growth for IFS and its differentiated systems foundry offering, which goes beyond traditional wafer fabrication to include packaging, chiplet standards and software, as well as U.S.- and Europe-based capacity. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/ Stuart Pann is senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. (Credit: Intel Corporation) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Intel Appoints Stuart Pann to Lead Intel Foundry Services&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741678","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Intel Appoints Stuart Pann to Lead Intel Foundry Services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intel Appoints Stuart Pann to Lead Intel Foundry Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Intel Appoints Stuart Pann to Lead Intel Foundry Services Pann to accelerate development of Intel\u2019s open systems foundry offering. SANTA CLARA, Calif.&#8211;(BUSINESS WIRE)&#8211; Intel Corporation today announced the appointment of Stuart Pann as senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. Pann will report to Intel CEO Pat Gelsinger and drive continued growth for IFS and its differentiated systems foundry offering, which goes beyond traditional wafer fabrication to include packaging, chiplet standards and software, as well as U.S.- and Europe-based capacity. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/ Stuart Pann is senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. 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SANTA CLARA, Calif.&#8211;(BUSINESS WIRE)&#8211; Intel Corporation today announced the appointment of Stuart Pann as senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. Pann will report to Intel CEO Pat Gelsinger and drive continued growth for IFS and its differentiated systems foundry offering, which goes beyond traditional wafer fabrication to include packaging, chiplet standards and software, as well as U.S.- and Europe-based capacity. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230321005442\/en\/ Stuart Pann is senior vice president and general manager of Intel Foundry Services (IFS), Intel\u2019s commercial foundry business. (Credit: Intel Corporation) &hellip; Continue reading \"Intel Appoints Stuart Pann to Lead Intel Foundry Services\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-21T17:33:06+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230321005442\/en\/1743291\/4\/Intel-Stuart-Pann.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Intel Appoints Stuart Pann to Lead Intel Foundry Services","datePublished":"2023-03-21T17:33:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/"},"wordCount":746,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230321005442\/en\/1743291\/4\/Intel-Stuart-Pann.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/intel-appoints-stuart-pann-to-lead-intel-foundry-services\/","name":"Intel Appoints Stuart Pann to Lead Intel Foundry Services - 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