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.