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Paul Otellini is now Intel’s president and CEO

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CIOL Bureau
New Update

One of Intel's long-time executives, Paul Otellini was moved into position to

be the heir apparent to company CEO Craig Barrett. Otellini was promoted to

Intel President and chief operating officer.

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The 51-year-old Otellini joined Intel in 1974. He is also joining Barrett in

a two-person Executive Office. He will be responsible for overseeing Intel's

internal operations, focusing on the development and delivery of new products

and technologies, and the efficiency and productivity of the company's business.

Corporate strategy and long-range planning will continue to be led by Barrett.

Barrett said the strengthening of the top executive structure was prompted by

Intel's strategy to diversity into networking and other markets. "As

Intel's silicon products span beyond PCs and servers to communications, the job

of keeping Intel at the competitive forefront has grown. The breadth and depth

of Paul's experience certainly qualify him to take responsibility for Intel's

internal operational excellence."

Otellini has headed Intel's core microprocessor products business for the

last four years after leading sales and marketing worldwide for five years.

Since 1998, Otellini served as executive vice president and general manager of

the Intel Architecture Group and was responsible for the company's $21 billion

microprocessor and chipset businesses.

Otellini received a bachelor's degree in economics from the University of San

Francisco in 1972, and an MBA from the University of California, Berkeley in

1974.

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