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.

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Universal Health Services Appoints Penn Mutual’s CEO to Board

Hospital management company, Universal Health Services, appointed Eileen C. McDonnell, 50, to its Board of Directors. McDonnell currently serves as President and CEO of The Penn Mutual Life Insurance Company since 2011. She joined Penn Mutual in 2008 and previously served as President of the company. McDonnell was also appointed to The Penn Mutual Board of Trustees in 2010. Before joining Penn Mutual, she founded ExecMPower, a strategic planning and executive coaching consultancy. Previously, she was president of New England Financial, a wholly owned subsidiary of MetLife, and SVP of the Guardian Life Insurance Company.

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.

Akamai Board Member with Investment and Financial Service Experience Leaves

C. Kim Goodwin, 52, is resigning from the Board of Akamai Technologies. Goodwin is a private investor since 2008. She is the former Managing Director and Head of Equities (Global), Asset Management Division of Credit Suisse Group, and former Chief Investment Officer of Equities for State Street Research Management. She is the Trustee Director of various equity funds within the Allianz Global Investors family of funds since 2010.

Intel Veteran Plans to Leave

Sean Maloney, 56, an Intel EVP once seen as a potential candidate to lead the chip maker, plans to retire in January 2013. He suffered a stroke in 2010 that temporarily sidelined him from management roles. But he recovered sufficiently to assume the position of Chairman of Intel China and make public appearances in Asia, where he had long helped to build the company’s relationships with makers and buyers of personal computers. In 2009, Mr. Maloney was named general manager in charge of business operations of the Intel Architecture Group. Mr. Maloney, who is British, joined Intel 30 years ago and held a number of positions in the U.S. and abroad, including chief sales and marketing officer. He was a technical assistant to Andy Grove, then former Intel’s CEO, who helped define many of Intel’s policies and wrote books on management.

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IBM Chairman to Retire; CEO to add Chairman’s Role

IBM President and CEO Ginni Rometty, 55, is taking on the added role of chairman, as Sam Palmisano, 61, prepares to retire. Palmisano will become a senior adviser until he retires at the end of the year. Palmisano served as CEO between 2002 and 2012, and has been Chairman since 2003.

IBM Chairman to Retire; CEO to add Chairman’s Role

IBM President and CEO Ginni Rometty, 55, is taking on the added role of chairman, as Sam Palmisano, 61, prepares to retire. Palmisano will become a senior adviser until he retires at the end of the year. Palmisano served as CEO between 2002 and 2012, and has been Chairman since 2003.

IBM Chairman to Retire; CEO to add Chairman’s Role

IBM President and CEO Ginni Rometty, 55, is taking on the added role of chairman, as Sam Palmisano, 61, prepares to retire. Palmisano will become a senior adviser until he retires at the end of the year. Palmisano served as CEO between 2002 and 2012, and has been Chairman since 2003.

Intel Veteran Plans to Leave

Sean Maloney, 56, an Intel EVP once seen as a potential candidate to lead the chip maker, plans to retire in January 2013. He suffered a stroke in 2010 that temporarily sidelined him from management roles. But he recovered sufficiently to assume the position of Chairman of Intel China and make public appearances in Asia, where he had long helped to build the company’s relationships with makers and buyers of personal computers. In 2009, Mr. Maloney was named general manager in charge of business operations of the Intel Architecture Group. Mr. Maloney, who is British, joined Intel 30 years ago and held a number of positions in the U.S. and abroad, including chief sales and marketing officer. He was a technical assistant to Andy Grove, then former Intel’s CEO, who helped define many of Intel’s policies and wrote books on management.

Published in Storage & Networking