Thu, 09 Dec 2021 Today's Paper

Intel chief executive Paul Otellini to retire

20 November 2012 11:49 am - 0     - {{hitsCtrl.values.hits}}

A A A

Intel has announced that its chief executive Paul Otellini is going to retire from the company.

Mr Otellini had been with the business, which is the world's biggest maker of microprocessors, for almost 40 years and has been chief executive for the past eight years.

He will step down after the chip company's annual shareholders' meeting in May next year.

Mr Otellini was the fifth chief executive in Intel's 45-year history.

"I've been privileged to lead one of the world's greatest companies," he said in a statement.

"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."

The company will now begin the process of looking for his successor.

  Comments - 0


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





A Sri Lankan giving dignified burials to unclaimed bodies for five decades

After their death, most people are memorialized at a service, surrounded by g

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter