Intel appoints Stuart Pann as GM of Intel Foundry Services

Intel announced the appointment of Stuart Pann as senior vice president and general manager of Intel Foundry Services, or IFS, Intel’s commercial foundry business. Pann will report to Intel CEO Pat Gelsinger and "drive continued growth for IFS and its differentiated systems foundry offering, which goes beyond traditional wafer fabrication to include packaging, chiplet standards and software, as well as U.S.- and Europe-based capacity," the company stated. Pann previously served as senior vice president, chief business transformation officer and general manager of Intel’s Corporate Planning Group. "The industry is responding well to our systems foundry approach and we’re seeing strong momentum, including the recent announcement of a significant cloud, edge and data center solutions provider as a customer for our upcoming Intel 3 process. With deep expertise in capital and capacity strategies, supply chain management, and sales and operations planning across internal and external manufacturing, Stuart is an ideal leader to accelerate this momentum and drive long-term growth for IFS," said Gelsinger.