Intel CEO Paul Otellini will retire in May, ending an eight-year reign as the semiconductor industry undergoes a major market transition. Intel did not announce his successor, but said Otellini will oversee the upcoming six-month leadership transition. The company highlighted the bright spots in Otellini’s tenure at Intel, including overseeing record revenue and net income and optimizing operations for long-term growth.
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Otellini's Departure Opens Door for Intel Outsiders
Posted by: Rachelle Dragani November 20, 2012 11:46 AMIntel CEO Paul Otellini will retire in May, ending an eight-year reign as the semiconductor industry undergoes a major market transition. Intel did not announce his successor, but said Otellini will oversee the upcoming six-month leadership transition. The company highlighted the bright spots in Otellini’s tenure at Intel, including overseeing record revenue and net income and optimizing operations for long-term growth.