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Intel CEO to retire in May
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Intel Corp. Monday said Chief Executive Paul Otellini intends to retire in May, ending a nearly 40-year career with the chip maker.
"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," said Mr. Otellini, who is 62 years old.
The board has begun the process of choosing Mr. Otellini's successor and will consider internal and external candidates.
"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," said Mr. Otellini, who is 62 years old.
The board has begun the process of choosing Mr. Otellini's successor and will consider internal and external candidates.
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