As someone who worked in manufacturing for a couple decades, " but he has vast experience in supply chain management, planning, and strategic allocation of resources " is the most important skillset for the top manager.
Intel has to sell and deliver products to support making them. It is not just "build it and they will come". The resources will have to be allocated for manufacturing and development, but that is only part of the story. Intel already could be competing with Samsung for foundry business.
From the information this article presents, this guy seems like a great hire.