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Brian Krzanich to become new CEO of Intel

Mark

Renée James elected as company president

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Intel Corporation says its board of directors has elected Brian Krzanich as the company’s next chief executive officer. He’ll replace Paul Otellini, who announced plans for his retirement last year. Mr Krzanich, who’s currently Intel’s chief operating officer and an executive vice president, will take over from 16th May. He joined the company in 1982.

Andy Bryant, Intel’s chairman, said “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. Brian is a strong leader with a passion for technology and deep understanding of the business. 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.”

The board of directors also elected Renée James to be president of Intel. She’s an Intel veteran as well, having previously chaired the company’s software subsidiaries, and is a director of both Vodafone Group and VMware.

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