Intel chief executive Paul Otellini to retire

Paul Otellini Mr Otellini joined Intel in 1974

Related Stories

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.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories

RSS

Features & Analysis

Elsewhere on the BBC

  • getawayDigital detox

    If you can’t shake your device addiction on your own, there’s a getaway for you

Programmes

  • Hitch-hiking robot HitchBOTClick Watch

    Hitch-hiking robot HitchBOT completes a 6,000 km (3,700 mile) trip plus other tech news

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.