Intel ceo Paul Otellini will retire in may

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About a half of the year will be Intel-ceo Paul Otellini forced to resign and resign. Who the baton as ceo of the chip manufacturer will take over, is not yet known. Intel does not mention any specific reason for the departure, according to Otellini, it is ‘time to move’.

Otellini will his position as ceo in may to resign, as has Intel Monday morning, U.s. time, announced. A reason for the departure of Otellini shows Intel not. According to Otellini, is the ‘time to go’ and passed on the baton to a new generation.

After his retirement, will Otellini still remain available as a consultant. Who is the new ceo of Intel, is not yet published. The next six months will to a suitable successor must be sought, in which both candidates from within and outside of Intel would make on the position.

Otellini has at his upcoming resignation in may, a total of eight years at the helm of the chipgigant been: in may 2005, he succeeded Craig Barrett. The current ceo worked a total of forty years at Intel, and was previously the head of the department microprocessors, where he helped at the birth of the first Pentium processors.

Under the leadership of Otellini getting Intel under more market share compared to AMD with its Core portfolio of products. Still, Intel is the market leader in the field of microprocessors for laptops and desktops. However, the company has struggled to respond to the increased demand for energy-efficient cpus for tablets and smartphones. Intel brings although energy-efficient cpus under the Atom-flag, but those are much less common in electronics than ARM cpus from competitors.