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Intel CEO expects his job will be taken over by an insider

Posted on Friday, December 07 2012 @ 12:22:29 CET by


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Intel hasn't really revealed much about its search for a new CEO. Current CEO Paul Otelini announced last month that he's retiring in May 2013, and now Otellini has said that the most likely successor will be an internal candidate. Otellini isn't picking his own successor, but he believes that it will be hard for outsiders to adapt to Intel's corporate culture:
Intel said it would consider both internal and external candidates to replace Otellini, however given Intel's history, work practices and company structure it seemed improbable that an external candidate would get the job. Otellini confirmed this when he told conference attendees, "It's not up to me [to choose the next CEO], but I think that's the most likely outcome," adding, "I'm very comfortable with the internal candidates."

Otellini acknowledged that Intel's corporate culture is something that external candidates might find hard to adapt to. He said, "In this environment, why take the risk and take the time? So my sense is that they will stay inside," adding that it would take an outsider two years to understand Intel's way of doing business.
Source: The Inquirer



 



 

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