Intel CEO Otellini to retire in May

Intel chief executive Paul Otellini, 62, will retire in May after almost four decades at the company.

19th November, 2012
Intel chief executive Paul Otellini.

Intel chief executive Paul Otellini, 62, will retire in May after almost four decades at the company.

The board will consider internal and external candidates to replace him as CEO, the Santa Clara, California-based company said today in a statement.

“Paul Otellini has been a very strong leader, only the fifth CEO in the company’s great 45-year history, and one who has managed the company through challenging times and market transitions,” said Andy Bryant, chairman of...

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