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Intel board backs Otellini as CEO

Posted on Thursday, November 11 2004 @ 21:20:46 CET by

Otellini, 54, will succeed Craig Barrett, 65, Intel's fourth CEO, who said earlier this year that he will step down as Intel's top executive. Otellini, who is also Intel's chief operating officer, has been expected to become CEO following Barrett's retirement.

Although Otellini is deeply involved in Intel's day-to-day operations and its product plans, he'll have his work cut out for him during 2005. The next year or so is expected to be a period of transitions for the company's products and management.

Read more at Cnet



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