Renduchintala will be president of a newly created Client and Internet of Things (IoT) Businesses and Systems Architecture Group which is a combination of Intel's Platform Engineering, Client Computing, IoT, Software and Services, and Design & Technology Solutions groups.

However Renduchintala, who is replacing the departing Intel president Renée J. James, has been at Qualcomm for a jolly long time and had been tipped to be the supremo of Qualcomm’s chipset business. Qualcomm had been restructuring the job so that instead of being joint effort it would be under the control of one person.

Qualcomm offered the job to Cristiano Amon. Murthy was offered another role within Qualcomm, but he chose to leave the company instead.

We might be a bit cynical, but the the statement from Qualcomm was a bit bitchy:

"A few months ago we made the decision to move away from a co-president leadership structure for QCT. was the clear choice as President of the chipset business. We made the decision to enhance the operation of QCT by having a single decision maker who has an exceptional track record of executing and has the confidence of the team and our customers. We are confident in Cristiano's leadership as we capitalize on the opportunities ahead."