BREAKING NEWS

Intel Israel general manager reinstated

By SHMULIK SHELACH/GLOBES

FEBRUARY 22, 2012 17:03

Sources informed Globes on Wednesday that Intel Israel Ltd. sent a letter to employees Tuesday, stating that Maxine Fassberg will be reinstated as general manager of the company. Intel Corporation VP PC Client Group Mooly Eden, who was appointed general manager of Intel Israel in late January, will serve only as company president.

In January, Intel Corporation announced a round of appointments, which took Intel Israel, and Fassberg, by surprise. The statement said that Fassberg would be manager of Intel Israel's manufacturing operations and would be subordinate to Eden. The move was seen as essentially ousting Fassberg, although this may not have been Intel's intention.

Intel is due to issue a statement later Wednesday, which may shed light on the recent changes at the company.

The reorganization at Intel Israel is not the only unclear measures taken by Intel Corporation. On Tuesday, Intel Israel was scheduled to hold its annual press conference, where it would disclose its performance, but the event was postponed to an unstated date in March, so that Eden could participate in it when he returns to Israel. This was the second time that the event was postponed, although the original intention was to hold it in mid-February without any connection to Eden's appointment.

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