Intel Taps Micron’s Zinsner as New CFO

David Zinsner

Intel shares received a raise on Monday after the chipmaker introduced it had picked Micron finance main David Zinsner as its new CFO.

Zinsner had served at Micron for nearly four yrs, next a profession in financial positions at many other technologies companies, together with Affirmed Networks and Analog Equipment.

Intel had been looking for a substitute for George Davis, who will retire in May perhaps after a few yrs as CFO. Zinsner will begin his new work on Jan. 17.

“Dave is a established finance chief, who delivers a special combination of strategic considered, deep expertise of semiconductors and producing, capital allocation discipline, and a track document of worth creation for shareholders,” Intel CEO Pat Gelsinger explained in a information launch.

On information of Zinner’s appointment, Intel shares rose three% to $fifty six.88 in prolonged trading after climbing three.three% during the common session. “Given Mr. Zinsner’s track

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