Intel (INTC) CEO Krzanich Moves to Create 'New Devices' Unit

May 21, 2013 12:37 PM EDT
Intel (Nasdaq: INTC) shares are up on the session following earlier reports that new CEO Brian Krzanich isn't taking time to celebrate.

Reuters said Tuesday that Krzanich has implemented a restructuring of business units, creating a "new devices" unit in the process. Reuters cites an internal email on the information.

It wasn't made clear the specific re-organization of the company.

Shares of Intel are up 0.5 percent.


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