The search for a new Chief Executive Officer (CEO) of Intel has begun following Pat Gelsinger's departure on Monday. And it is not exactly an easy role to be filled. The tech giant's board is primarily considering external candidates to lead the company through one of its most challenging periods. Among the potential successors is Lip-Bu Tan, a former Intel board member and semiconductor industry veteran. Tan, who previously served as CEO of Cadence Design, left Intel's board in August 2023 after disagreements with Gelsinger over the company's strategic direction. Despite these past tensions, Intel's board has reportedly recently approached Tan to gauge his interest in the position. The search for new leadership is extremely difficult, considering the requirements and massive problems the new CEO would face.

Coming at a critical moment for Intel, which has experienced significant financial challenges under Gelsinger's tenure, the new CEO would need to get the Foundry business to pick up and maintain a solid product roadmap. The company's revenue dropped to $54 billion in 2023, marking a nearly one-third decline since Gelsinger took the helm in 2021. Analysts project Intel's first annual net loss since 1986 this year, with long-term signs of recovery. Gelsinger's exit, which came after the board presented him with the option to retire or be removed, reflects growing impatience with the pace of his ambitious turnaround strategy. The company has appointed CFO David Zinsner and senior executive Michelle Johnston Holthaus as interim co-CEOs while the search committee works to identify a permanent replacement.

It's undoubtedly true that Itsuno is one of the key figures behind Capcom's best-in-class action and fighting games. Itsuno is notably known for his good work in the Devil May Cry series, created by Hideki Kamiya, but reaching its peak due to the fact that the Devil May Cry 3 was directed by him. Itsuno is also known for Dragon's Dogma, being his very own dream game, but the sequel turned out to be his last major project for Capcom.

Itsuno posted on Twitter, "At the end of August 2024, I will be leaving Capcom after 30 years and 5 months," "Thank you for your long-term support of the games and characters I have been responsible for. I hope you will continue to support Capcom's games and characters." He also added that he's not done with games yet, but is off to do his own thing. "From September, I will start developing a new game in a new environment. I hope to create fun, beautiful games that are as memorable as, or even more memorable than, the ones I have created so far."

Panos Panay, Microsoft's chief product officer—where he has lead development on Windows (since 2020) and the company's Surface device product line (from the start)—is leaving the American multinational technology corporation. He made it official on X this afternoon: "After 19 incredible years at Microsoft, I've decided to turn the page and write the next chapter. I'm forever grateful for my time at Microsoft and the amazing people I had the honor to make products with." In an email sent to employees, Rajesh Jha (vice president of experience and devices) said: "After nearly 20 years at the company, Panos Panay has decided to leave Microsoft. Panos has had an incredible impact on our products and culture as well as the broader devices ecosystem. Under Panos' leadership, the team created the iconic Surface brand with loved products. More recently, as the leader of Windows, the team has brought amazing services and experiences to hundreds of millions with Windows 11 on innovative devices including those from our OEM partners. He will be missed, and I am personally very grateful for his many contributions over the years. Please join me in wishing him well."

A press release regarding the high-level departure was released to media outlets not long ago—Microsoft CEO Satya Nadella had some kind words: "Thank you, Panos, for your impact on our products, culture, company, and industry over the past two decades. I'm grateful for your leadership, support, and all you've done for Microsoft and our customers and partners. We remain steadfast and convicted in our strategy, and Yusuf Mehdi will take lead on our Windows and Surface businesses and products externally." Mehdi is the current Corporate Vice President & Consumer Chief Marketing Officer, perhaps best known for producing a lot of his company's big artificial intelligence announcements. Microsoft is expected to reveal a bunch of next-gen Surface models later this week—will the new boss be in attendance?

It was widely reported yesterday that Phil Harrison has left Google, where he served a stint as Vice President and General Manager of the now shuttered Stadia cloud-based game streaming service. An official statement has not been released by Google or Harrison regarding a change in leadership - according to an article published by Business Insider, the latter's LinkedIn profile indicates an end date in April 2023. Harrison's departure from Google coincides roughly with the final shutdown of Stadia services back in January of this year.

Phil Harrison was announced as a new vice president and general manager at Google in early 2018, but the company had not revealed any plans to enter into the games console market at that point in time. The hiring of Harrison was viewed as an early preview of things to come, given his past experience of leadership roles at both Sony and Microsoft video games division. He spent 16 years of his career at Sony Corporation, ultimately becoming president of the company's Computer Entertainment Worldwide Studios (SCE WWS) until departing in 2008. He joined Microsoft in 2012, following short spells at Infogrames, Atari and Gaikai. At Xbox he was the executive leader of the European Interactive Entertainment team until 2015. Google debuted its Stadia gaming platform in 2019, and to no surprise, Harrison was announced as the product manager for this new endeavor.

Intel CEO Pat Gelsinger has issued the news, via a tweet, of Raja Koduri's departure from the silicon giant. Koduri, who currently sits as Executive Vice President and Chief Architect, will be leaving the company at the end of this month. This ends a five year long tenure at Intel, where he started as Chief Architect back in 2017. He intends to form a brand new startup operation that will focus on AI-generative software for computer games. His tweeted reply to Gelsinger reads: "Thank you Pat and Intel for many cherished memories and incredible learning over the past 5 years. Will be embarking on a new chapter in my life, doing a software startup as noted below. Will have more to share in coming weeks."

Intel has been undergoing numerous internal restructures, and Koduri's AXG Graphics Unit was dissolved late last year. He was the general manager of the graphic chips division prior to its split, and returned to his previous role as Chief Architect at Intel. The company stated at the time that Koduri's new focus would be on: "growing efforts across CPU, GPU and AI, and accelerating high-priority technical programmes."