Intel has announced the appointment of Kevin O'Buckley as senior VP and GM of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O'Buckley starts immediately and joins Intel's executive leadership team, reporting to CEO Pat Gelsinger.
O'Buckley succeeds Stuart Pann, who will retire from Intel after 35 years of service at the end of May but will remain an adviser to ensure a smooth transition.
"Kevin brings a unique blend of expertise from across the semiconductor industry, having served as a senior leader and technologist in both foundry and fabless companies," Gelsinger said in a statement. "As we continue building the world's first systems foundry for the AI era, Kevin will play a critical role in helping customers achieve their goals by leveraging Intel Foundry's unique ability to deliver process and packaging technology through a resilient and sustainable supply chain."
O'Buckley brings over 25 years of experience in the semiconductor business to Intel. He most recently served as senior VP of hardware engineering for Marvell Technologies' custom, compute, and storage group. He joined Marvell as part of its 2019 acquisition of Avera Semiconductor, where he served as chief executive.
He has also been vice president of product development at GlobalFoundries. Before that, he oversaw technology development and manufacturing organizations for over 17 years at IBM.
In his job at Intel, O'Buckley will work closely with other top leaders at Intel Foundry to achieve the company's goal of creating the first system foundry for the AI era.
Intel disclosed in early April that its manufacturing division incurred a substantial loss of US$7 billion in 2023, an amount that was more severe than the loss of US$5.2 billion in 2022. The segment generated US$18.9 billion in revenue, a 31% decline from the previous year.
Gelsinger stated during an investor presentation that the company's chipmaking unit would see its most severe operating losses in 2024. It anticipates reaching a breakeven point on an operating basis around 2027.
