Intel Appoints Brian Krzanich as New CEO
May 2, 2013 9:49 AM
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Intel confirms new CEO will take office May 16
We have known for quite some time that Intel CEO Paul Otellini was set to
retire this year
. Today, however, Intel voted unanimously to replace outgoing CEO Otellini with new CEO Brian Krzanich.
Kzanich will assume the CEO position at Intel's annual stockholders meeting on May 16. He has been Intel's chief operating officer since January of 2012 and his appointment to CEO makes him the sixth CEO in Intel company history.
“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.
“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.”
Krzanich has been with Intel since 1982.
“I am deeply honored by the opportunity to lead Intel,” said Krzanich. “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.”
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RE: Don't envy his position
5/3/2013 10:25:07 AM
And yet Intel still makes and sells all of the worlds fastest CPU's and at the highest profit margins.
“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls
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