As we report today eight members of Intel Capital’s team have been promoted to vice president.
The news signals the unit, which has invested more than $11bn in its history, is confident as Global Corporate Venturing gears up to its fourth annual Symposium in London next week, where we will hear from Intel Capital’s head Arvind Sodhani, Marcin Hejka, head of central and eastern Europe and Africa, who is one of the eight promoted, and Erik Jorgensen, a director in the London office.
That Intel Capital is able to reward eight team members is a sign of its relative institutional strength – this would be more than the entire team of some corporate venturing units.
The rewards also point to areas, which appear to be going well at the unit. The promotions were for the head of mobility services, the head of ultrabook and perceptual computing, the head of datacenter, cloud infrastructure, networking and storage investment sectors, the head of the internet, digital media and education sectors, the head of Latin America, the head of western Europe and Israel, the head of central and eastern Europe and Africa, and the head of Asia Pacific.
In my planned fireside chat on 20 May with Sodhani I will look to dig into why the unit finds these and other sectors promising and how he manages a team comprised of so many high-achieving investment professionals within a large corporation.
Doubtless the conversation will be fascinating, and we look forward to hearing from Sodhani and letting the audience ask questions to the figurehead of such a large and successful organisation.