Former Intel CEO Paul Otellini passes away

Intel CEO Paul Otellini, pictured with Apple's Steve Jobs is credited for helping bring Intel chips into the Mac ecosystem

Sad news today from Intel, former CEO Paul Otellini has passed away at 66. Otellini took the reins of the processor giant in 2005 and served as chief executive until his retirement in 2013. Otellini was a lifelong Intel employee and the first non-engineer to serve as CEO. He came on board at a time when mobile processors and the standard of Wi-Fi technology was just beginning to surface. 

“We are deeply saddened by Paul’s passing. He was the relentless voice of the customer in a sea of engineers, and he taught us that we only win when we put the customer first,” Brian Krzanich, his successor and current Intel CEO said in a statement.

Intel's CEO Paul Otellini to retire in May

Intel's CEO Paul Otellini is said to be retiring as CEO and director of the company as of next May. This would mark the end of Otellini's leadership of Intel since he took steweardship of one of the most important technology companies eight years ago. 

"I’ve been privileged to lead one of the world’s greatest companies," Otellini said. "After almost four decades with the company and eight years as CEO, it’s time to move on and transfer Intel’s helm to a new generation of leadership."

Otellini took over as Intel CEO at the end of 2005 and helped grow Intel's annual revenue from $38.8 billion to $54 billion, and generated cash from operations in excess of $100 billion. He also helped Steve Jobs transition Apple from PowerPC architecture to Intel an important move that helped ensure Apple's successful future.

Intel's Paul Otellini to deliver keynote for CES 2012

Paul Otellini, chie executive officer of Intel Corporation, will deliver a keynote address at the 2012 International CES. Owned and produced by CEA, the 2012 International CES is the world’s largest consumer technology tradeshow and will be held January 10-13 in Las Vegas, Nevada.

Otellini will deliver his keynote address on Day One of the 2012 CES, Tuesday, January 10, at 4:30 p.m. in The Venetian.

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