Krzanich had been senior vice president in charge of worldwide manufacturing, Santa Clara, California-based Intel said in a statement today.
The changes will happen over the next 30 days and follow the release yesterday of an Intel forecast for first-quarter revenue that may exceed analysts’ predictions. The promotions “recognize outstanding performance,” Intel said.
In his new role, Krzanich will retain oversight of manufacturing, while taking on responsibility for the company’s information technology and human resources. The promotion is not related to CEO succession planning, Laura Anderson, a spokeswoman for Intel, said in an interview.
The company also named Dadi Perlmutter as chief product officer. As previously announced, Vice Chairman Andy Bryant is becoming executive chairman in May.