Intel Corporation's senior management continues to experience turmoil, as the Chief Strategic Officer is set to resign soon.

According to reports, Safroadu Yeboah-Amankwah, the Chief Strategy Officer of Intel Corporation (INTC.US), is set to resign, marking the latest personnel change since Pat Gelsinger took over as CEO of the chipmaker in March. Intel Corporation confirmed this news and stated, "We appreciate Saf's contributions to Intel Corporation and wish him all the best." Sources revealed that Yeboah-Amankwah, who has been serving as the Chief Strategy Officer of Intel Corporation since 2020, will leave the company on June 30. Yeboah-Amankwah was responsible for Intel Corporation's expansion plans, strategic partnerships, and equity investments. Some of Yeboah-Amankwah's responsibilities will be taken over by Sachin Katti, who was recently promoted to the Chief Technology and AI Officer of Intel Corporation. Sources also disclosed that Intel Corporation's venture capital arm, Intel Capital, will now report to Pat Gelsinger. As the CEO of Intel Corporation, Pat Gelsinger has been restructuring the leadership team of the semiconductor giant and is directly responsible for the critical data center, AI chip, and PC chip departments. He recently brought in a new engineering leadership team. Gelsinger is also working to trim down Intel Corporation's bloated and slow-moving middle management layer. Gelsinger taking the helm of Intel Corporation comes at a time when the company is facing multiple crises: long-standing manufacturing technology bottlenecks, missed strategic opportunities in mobile phone chips and AI chips. Former CEO Pat Gelsinger implemented a grand revitalization plan, but some of his initiatives only worsened the company's operational challenges. Intel Corporation reported a net loss attributable to the company of $18.8 billion in 2024, marking the first annual net loss since 1986. As of Friday's US stock market close, Intel Corporation rose 0.84% to $22.69. The stock has accumulated a 13% increase so far this year.