Intel Names Current COO as CEO and Software and Services Head as President
Intel’s COO Brian Krzanich, 52, a company veteran of nearly 30 years, will assume the CEO role replacing Paul Otellini, who is retiring. Krzanich has progressed through a series of technical and leadership roles at Intel, most recently serving as the COO since January 2012. Prior to becoming COO, Krzanich held senior leadership positions within Intel's manufacturing organization. He was responsible for Fab/Sort Manufacturing from 2007-2011 and Assembly and Test from 2003 to 2007. From 2001 to 2003, he was responsible for the implementation of the 0.13-micron logic process technology across Intel's global factory network. From 1997 to 2001, Krzanich served as the Fab 17 plant manager, where he oversaw the integration of Digital Equipment Corporation's semiconductor manufacturing operations into Intel's manufacturing network. Prior to this role, Krzanich held plant and manufacturing manager roles at multiple Intel factories. Krzanich began his career at Intel in 1982 in New Mexico as a process engineer.
HP Chairman Steps Down, Two Board Members to Leave
Hewlett-Packard’s Chairman Ray Lane, 66, is stepping down from his role as Chairman. He continues as a director on the board. Ralph V. Whitworth, 57, will step into the role on an interim basis as the board searches for a permanent replacement.