Otellini to become Intel&#39;s CEO
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Intel Corp.&#39;s board of directors on Thursday tapped Paul Otellini, who has been with the company for 30 years, to replace Craig Barrett as chief executive officer in May.
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just in Intel&#39;s board of directors has voted that Paul Otellini will be its next chief executive officer, eventually replacing Craig Barrett, who announced his intention to step down from the top spot earlier this year.
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Whoops IDF Intel CEO Paul Otellini has finally confirmed the company's plan to return to the discrete graphics chip market, although the confirmation did not come easy.â¦
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Paul S. Otellini, the probable new chief of Intel, may have to lead the chip manufacturer in an industry where the race may be for creativity, not speed.
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(InfoWorld) - The leading quote from this weekâs news comes from Intel CEO Paul Otellini: "We're doing product refreshes every two years, which is the model we invented and then stopped doing after Pentium 4, shame on us," Otellini said. "We fell off it -- mea culpa, we screwed up -- and now we're back on that pace." Otellini was speaking at a Morgan Stanley Technology Conference, but regardless of the venue, every time a CEO speaks, he or she is using analysts and journalists as a conduit to shareholders. When a CEO takes a podium to apologize to shareholders, it tends to be the board of directorsâ idea. This is an obtuse, though profuse apology. The screwup to which Otellini refers is his decision to clear Intelâs shelves of x86 property and dump it on AMD in one drop so that Intel could end the year with a bang, having had the last volley in the CPU wars. It did that. But one could liken Intelâs strategy in latter 2006 to a massive spread of fireworks thatâs sent up simultaneously. Everybody goes nuts at the spectacle of it, but after that brief rush, all thatâs left is silence and smoke, soon followed by the glow of taillights. As tacky as it is to quote oneself, I put Otelliniâs present bind succinctly in a column I wrote last August: âIntel shot its entire wad on Core microarchitecture. From here, the only place Intel can go is bigger cache, more cores, and faster clocks.â Indeed, that sums up Intelâs plans for 2007, and thereâs no swaggering spin, distraction, or buzzword bending that can make up for the enormous technology gap between Core 2 and AMDâs reengineered Barcelona quad-core Opteron. It isnât likely that Intel can play engineering catch-up, given that Otellini has pink-slipped 10,500 workers. Otellini will have more than empty cupboards and empty desks to apologize for. He set a strategy to bulk up Intelâs manufacturing capacity and to jam up AMD by forcing prices down and leaving AMD unable to meet spiked market demand. Market demand is sagging, and if it returns, AMD has the capacity advantage: It has third-party foundries standing ready to stamp out AMD CPUs if need be. Another example of poor judgment is Otelliniâs fixation on CPUs and chip sets. AMDâs acquisition of ATI put Intelâs rival in the high-margin peripherals business as well as a growing role in high-performance chip sets for Intel desktop and notebook PCs. Intelâs hostile attitude toward chip-set makers drove graphics and chip-set giant Nvidia to make surprisingly close ties with AMD despite its purchase of Nvidiaâs sole competitor. If only it ended there. Recently, Intel informed the Delaware Federal District Court that it cannot produce relevant e-mail messages that were exchanged after the filing date of AMDâs antitrust suit. Intelâs letter to the court blames individual human error while heaping detailed praise on executivesâ document retention plan. Buried in the text is the Nixonian counterpoint, âSome of the tapes appear to have been recycled.â Itâs not that Otellini hasnât done anything right. He did put the brakes on NetBurst. He won an exclusive with Apple and got Sun Microsystems to add Intel to its product line. But in the minus column, Otellini lost the companyâs gold medal exclusive PC maker, Dell, and people will wonder whose inboxes those recycled tapes might have contained. Intelâs CEO should be gilding his parachute. If he lasts out the year, it will be because Intelâs board wisely takes its time to choose a replacement. My litmus test? Find someone who believes that Intelâs yearly sponsorship of the A. M. Turing Award matters more than convincing a judge in Delaware that evidence really, truly got lost. And find a CEO who, when he or she apologizes for lousy decisions, uses the pronouns âIâ and âme.â
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Intel Corp. President Paul S. Otellini yesterday demonstrated new chips scheduled for release next year that simultaneously run tasks such as burning CDs and playing video games, as he sought to allay concerns about product delays. -Bloomberg News
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A WEB SITE quotes Intel&#39;s chief technology officer, Pat Gelsinger, emphasising the importance of Israel to the firm&#39;s future research and development.
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Speaking at the Intel Developer Forum Wednesday, Intel president and CEO Paul Otellini announced the development of 15 products built on its 45nm silicon manufacturing technology and showcased the experimental 300mm chip.
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The tech move upward was led by Intel, which rose by 1.3 percent after announcing its longtime president and COO would move up to CEO next May.
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Go east, young man. Intel (nasdaq: INTC - news - people ) Chief Executive Craig Barrett is traversing India. The CEO&#39;s two-day trek will include a review of the chipmaker&#39;s design center in bustling Bangalore
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SAN JOSE, Calif. -- Despite a recent series of product missteps, Intel Corp.'s board yesterday selected the semiconductor giant's day-to-day operations chief to replace chief executive Craig Barrett, who is stepping aside to become chairman in May.
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Chipmaking giant Intel Corporation believes that its future lies in dual-core chips. Speaking at last weekâs Intel Developer Forum here, Intel President and COO Paul Otellini
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At the Intel Developer Forum in San Francisco yesterday, Intel President Paul Otellini provided further details of the chip giantâs plans to bring multicore processors to servers and desktop PCs, starting with a dual-core server chip in the second half
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SAN FRANCISCO - Intel Corp. President and Chief Operating Officer Paul Otellini served notice at the company's recent developer conference that the megahertz era was coming to a close, and the decision Thursday to remove the 4GHz Pentium 4 processor from its road map is clear evidence that Intel has once and for all kicked its speed habit, according to industry analysts.ADVERTISEMENTSBC Case Study: Crate & BarrelWhat sold them on improving their network? A system that could cut management costs from the get-go. Find out more.
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Intel named President Paul Otellini as its next chief executive officer, choosing a non-engineer to run the world&#39;s largest computer-chip maker for the first time.
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Otellini is buttoned-down and urban. He has handled much of Intel&#39;s communication with Wall Street analysts and he peppers his interviews with friendly comments and jokes.
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Paul Otellini, currently president and COO, will replace outgoing chief Craig Barrett in May.