Intel CEO to Retire Earlier than Expected; Successor Not Named Yet
Intel’s President and CEO Paul Otellini, 62, who has been on the job for eight years, will be retiring as an officer and director of the company in May, next year, with years to go before reaching the company's mandatory retirement age of 65. A successor has not been named yet. The company is going to consider both internal and external candidates in a transition expected to last six months.
Bell Canada Enterprises Names Former CPP Investment Board CEO as New Director
Bell Canada Enterprises appointed David F. Denison, 60, as a Director of BCE and Bell Canada. Mr. Denison has served as President and CEO of the Canada Pension Plan (CPP) Investment Board. Prior to his appointment to the CPP Investment Board, he was President of Fidelity Investments Canada. He serves as a Director at Royal Bank of Canada (RBC) and as a member of the World Bank Treasury Expert Advisory Committee. He is a director of The United Way of Greater Toronto, and a member of the Toronto Community Foundation Investment Committee and the University of Toronto Investment Advisory Committee.
Marketing Exec Leaves F5 Networks for Startup
Erik Giesa has left F5 Networks, the Application Delivery Networking (ADN) technology company, to join Seattle startup ExtraHop Networks. Giesa previously served as VP of Product Management and Product Marketing at F5, overseeing partnerships with Microsoft, VMware, SAP and Oracle. A member of ExtraHop’s advisory board, Giesa will hold the title of SVP of Marketing. The University of Washington grad previously worked at Holistix, WRQ, Express Systems and hDC. Founded by former F5 exec Jesse Rothstein, ExtraHop raised $14 million from Madrona, Meritech Capital and others last year.
Semiconductor company Texas Instruments names SVP Brian Crutcher, 39, to head its Analog business, and SVP Greg Delagi, 49, to lead its Embedded Processing business. Crutcher, is a 17-year TI veteran who most recently led the company's Embedded Processing business comprised of microcontrollers and digital signal processors. Under his leadership, this business gained substantial market share and increased new product introductions. In assuming responsibility for the company's Analog business, Brian replaces Gregg Lowe, who has left TI to become CEO at Freescale Semiconductor.