By Max A. Cherney, Stephen Nellis (Reuters) -Struggling U.S. chipmaker Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO effective on March 18, more than three months after it ousted company veteran Pat Gelsinger.

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.

Intel has appointed Lip-Bu Tan as its new chief executive, ending a months-long search for a new leader after the troubled US chipmaker’s board ousted Pat Gelsinger in December.