Intel promotes 8 executives, but its upper ranks aren’t more diverse

Intel announced eight executive promotions today, but seven of those are white and Asian men. The lone person who would qualify as a diverse candidate within that group is Christina Min, who was promoted to corporate vice president and group controller for the corporate finance group.

Intel has committed to hiring 40 percent of all new employees as women or underrepresented minorities (which does not include Asian men). In the most recent year, Intel said that 43 percent of new hires were women and underrepresented minorities. Brian Krzanich, chief executive of Intel, has made diversity and inclusion one of his major priorities at Intel.

Of course, the eight promotions today tell very little about the overall makeup of the executive staff at Intel, which does include high-ranking women. In response to a query, Intel said, “Intel promoted 12 women into the appointed (or group) VP ranks and three women are receiving new Intel Fellow honors (this includes Genevieve Bell, who is now a Senior Fellow). While there’s more to do, we are narrowing the gap when it comes to female representation. We’ll have more to share on this next week when our diversity report comes out Feb. 3.”

Today’s promotions include advancing Wendell Brooks, former corporate vice president, to senior vice president. He is head of Intel Capital, the chip maker’s global investment group.

Steven Fund, chief marketing officer, was also promoted from corporate vice president to senior vice president. The other promotions involve the following new corporate vice presidents: Peng Bai, co-director of the Logic Technology Development organization within Intel’s Technology and Manufacturing Group; Brice Hill, group controller for corporate finance; Matthew Smith, director of HR business and employee solutions; Weng Kuan Tan, general manager of the client computing group; and Jason Waxman, general manager of the cloud platforms group.