Intel Corporation announced today that the board of directors has unanimously elected Brian Krzanich as its next chief executive officer (CEO), succeeding Paul Otellini. Krzanich will assume his new role at the company’s annual stockholders’ meeting on May 16.
Krzanich, Intel’s chief operating officer since January 2012, will become the sixth CEO in Intel’s history. As previously announced, Otellini will step down as CEO and from the board of directors on May 16.
“After a thorough and deliberate selection process, the board of directors is delighted that Krzanich will lead Intel as we define and invent the next generation of technology that will shape the future of computing,” said Andy Bryant, chairman of Intel, in the press release. “Brian is a strong leader with a passion for technology and deep understanding of the business,” Bryant added. “His track record of execution and strategic leadership, combined with his open-minded approach to problem solving has earned him the respect of employees, customers and partners worldwide. He has the right combination of knowledge, depth and experience to lead the company during this period of rapid technology and industry change.”
“I am deeply honored by the opportunity to lead Intel,” said Krzanich in the release. “We have amazing assets, tremendous talent, and an unmatched legacy of innovation and execution. I look forward to working with our leadership team and employees worldwide to continue our proud legacy, while moving even faster into ultra-mobility, to lead Intel into the next era.”
The board of directors elected Renée James, 48, to be president of Intel. She will also assume her new role on May 16, joining Krzanich in Intel’s executive office.
“I look forward to partnering with Renée as we begin a new chapter in Intel’s history,” said Krzanich. “Her deep understanding and vision for the future of computing architecture, combined with her broad experience running product R&D and one of the world’s largest software organizations, are extraordinary assets for Intel.”
As chief operating officer, Krzanich led an organization of more than 50,000 employees spanning Intel’s Technology and Manufacturing Group, Intel Custom Foundry, NAND Solutions group, Human Resources, Information Technology and Intel’s China strategy.
James, 48, has broad knowledge of the computing industry, spanning hardware, security, software and services, which she developed through leadership positions at Intel and as chairman of Intel’s software subsidiaries — Havok, McAfee and Wind River. She also currently serves on the board of directors of Vodafone Group Plc and VMware Inc. and was chief of staff for former Intel CEO Andy Grove.
Source: Intel Corporation
Related articles:
Cringely: Otellini was forced out by Intel board thanks to Apple’s decision to abandon Intel chips – November 20, 2012
Intel CEO Paul Otellini to retire in May – November 19, 2012
What Apple dumping Intel could mean – November 8, 2012
Apple exploring switch from Intel processors for Macintosh, say sources – November 5, 2012
iPad 4 graphics upgrade a serious horsepower increase; Apple’s A6X is one massive processing machine – November 2, 2012
Benchmarks: Apple iPad 4′s A6X beats all comers in GPU performance – November 2, 2012
Apple’s powerful A6 a unique CPU design that’s never been seen before – October 8, 2012
Analysis of Apple A6 core reveals exquisite, optimized custom layout done by hand – September 26, 2012
Apple A6 die reveals 3-core GPU – September 21, 2012
iPhone 5′s A6 SoC SunSpider performance fastest ever recorded on a smartphone – September 19, 2012
Apple’s custom A6 processor the result of years of effort, including a $500 million chip development program – September 18, 2012
A6 is Apple’s first with custom-designed CPU cores; iPhone 5 memory size and speed revealed – September 16, 2012