Renée James steps down as Intel president

The executive suite at Intel is getting a major shake-up today. President Renée James is leaving the company to pursue an external CEO role, according to an announcement by CEO Brian Krzanich. In a separate memo that the company made public, James says she'll remain at Intel for several more months to ensure a smooth transition period.

James isn't the only high-profile departure that the company announced this morning. Hermann Eul, VP of the Mobile and Communications Group, will be leaving the company after his contract expires in 2016, while Mike Bell, VP of the New Devices Group, has announced his retirement, effective later this year.

According to Intel's executive bios, Eul and Bell jointly led initiatives like the Ultrabook as part of the Mobile and Communications Group. Afterward, Bell was apparently responsible for exploring avenues like the Internet of Things and wearable tech. The New Devices Group has since been rolled into a larger New Technology Group.

As part of these changes, Josh Walden, general manager of the aforementioned New Technology Group, has been tapped to lead teams associated with "interactive computing devices, perceptual, computing, and wearable devices," while Aicha Evans, general manager of the Communication and Devices Group, will join the company's management committee. Intel says Evans' appointment reflects the importance of communications technology to its products and platforms.

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