Intel’s CEO Paul Otellini plans to retire in May after almost 40 years.
Intel’s CEO Paul Otellini plans to retire in May after almost 40 years.
Intel Corp. said Monday that its board — headed by longtime Oregon executive Andy Bryant — will look at company executives as well as external candidates to replace Otellini. He has been head of the world’s largest chip-maker for eight years.
“After almost four decades with the company and eight years as CEO, it’s time to move on and transfer Intel’s helm to a new generation of leadership,” Otellini said in a written statement. “I look forward to working with Andy, the board and the management team during the six-month transition period, and to being available as an advisor to management after retiring as CEO.”
Read more at OregonLive.com.
{biztweet}intel ceo{/biztweet}
