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Intel CEO Paul Otellini Retiring

An anonymous reader writes with a quick bit from a press release about Intel's CEO retiring: "Intel Corporation today announced that the company's president and CEO, Paul Otellini, has decided to retire as an officer and director at the company's annual stockholders' meeting in May, starting an orderly leadership transition over the next six months. Otellini's decision to retire will bring to a close a remarkable career of nearly 40 years of continuous service to the company and its stockholders."

19 of 108 comments (clear)

  1. Obligatory by Elgonn · · Score: 4, Funny

    He stepped down just before 40 years so we could make 39.9876 year pentium jokes.

  2. There aren't many CEOs with his track record by Anonymous Coward · · Score: 5, Insightful

    This man raised the personal computing industry from birth to adolescence. The entire world would be a different place (for better or worse) without Otellini's Intel. Now that's an accomplishment worth carrying into retirement.

    1. Re:There aren't many CEOs with his track record by Anonymous Coward · · Score: 2

      Don't be ignorant.

      He managed the group that gave us the Pentium 1.

  3. Reason for departing by Grayhand · · Score: 4, Funny

    "For myself and my stock options I'd like to thank you all and wish you all the best of luck. Forward all mail to the Cayman Islands."

  4. Silly season is over. by symbolset · · Score: 4, Insightful

    Can we give it a rest for 3 years or so?

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  5. Re:Romney endorsement by alvinrod · · Score: 4, Insightful

    Maybe I'm just feeding trolls on this (and honestly with the hyperbole in your post, I can't help but think that) but I don't see it that way. I generally lean more towards the right, at least fiscally, and Romney wasn't our last chance, and Obama is not some kind of super red socialist. By most objectives, he's still fairly right of center and a lot of his policies aren't something that hasn't been proposed by Republicans at some point with in the last half-century.

    If anything, Otellini was smart enough to play both sides of the isle, ensuring that no matter who came out on top, IBM had friends with benefits or markers to call in. And honestly, who cares who he supported or endorsed. If you're basing your entire assessment of a person on who they endorse for President, it makes you look narrow-minded.

  6. Re:Romney endorsement by CajunArson · · Score: 3, Insightful

    If your ancestors hadn't been kidnapped from Africa, then you might be considered property in 2012 considering slavery is alive and well in many regions of Africa right now...

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    AntiFA: An abbreviation for Anti First Amendment.
  7. Re:Romney endorsement by MarioMax · · Score: 2

    IBM? Otellini is Intel's CEO, not IBM.

  8. Bad Ass by cstec · · Score: 4, Interesting

    Intel is pretty corporate, and that's like a crime here on /. But for anyone old enough to remember or fool enough to listen, when it's all said and done this guy's track record has been damn close to paved in gold.

    No, I don't mean Intel's track record with the Peruvian Jackalope, Global Coating or whatever axe you have to grind. I mean his job of being part of, contributing to and guiding a very large and important ship. Much of it before the average /.r could read.

    Having been Z80 guy, a 6502 guy and a 68k guy, and also a guy writing endless apps in the Intel space and building endless machines, when it's all said and done, if your last words are anything other than "thank you", you're a punk.

    Safe travels Paul.

    1. Re:Bad Ass by Tough+Love · · Score: 2

      f your last words are anything other than "thank you", you're a punk

      Did the illegal trust-making activity happen on Otellini's watch?

      --
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  9. Re:Romney endorsement by tyrione · · Score: 3, Insightful

    Lean towards the right fiscally? In short, you lean towards massive deficits, high defense spending and play ignorant to both when a Democrat is in office, right? The GOP is responsible for the lion's share of deficit and produced far fewer jobs in this nation's history. It's a vile, ignorant, POS party, full of self-entitled white trash who raped the nation of its wealth because ``leaning towards the right, fiscally'' folks continue voting in this slime.

  10. Re:Romney endorsement by LordLucless · · Score: 4, Insightful

    Many of the founding fathers had already successfully abolished slavery in their states, and were working to do so in all the colonies as soon as they peacefully could.

    This is true

    many of them not only supported slavery but owned several, sometimes ranging in the hundreds, of slaves

    So is this.

    It's almost like the founding fathers were a disparate group of people, each with their own opinions and perspectives, and trying to paint the entire group as either ruthless slavers or crusading abolitionists is painting with too wide a brush.

    --
    Just because you're paranoid doesn't mean there isn't an invisible demon about to eat your face
  11. Otellini is a great CEO by dbc · · Score: 5, Insightful

    I worked at Intel for 11 years and met Otellini a couple of times. First of all, he was a great guy. But much more on point, he was a clear and level-headed thinker who asked the right questions, and role-modeled the best of Intel culture in every way. He rescued Intel from the aftermath of the train wreck that was Craig Barrett, and rebuilt the company and restored the company culture.

    Also note, Otellini was the first Intel CEO who came up through marketing. That was an important transition for the company in many ways, and the company is much better off for it.

    1. Re:Otellini is a great CEO by dbc · · Score: 2

      Yes you are confused. I was saying that Intel has been better off for the last 7 years for having been run by a marketing guy instead of a "sand head" (physical chemist, in Intel-ese) and would have been better off with a marketing guy running the co for 10+ years.

      Yes, the situation in mobile sucks. There are a host of reasons for that, mostly inherited by Otellini. The situation would suck harder if Barrett were still in charge. Otellini played the cards in his hand well.

    2. Re:Otellini is a great CEO by lowlymarine · · Score: 2

      By what, exchanging it for suffocating domination by ARM and Google? Much better.

    3. Re:Otellini is a great CEO by dkf · · Score: 2

      intel could be making the best fabbed arm chips in 6 months if they chose that x86 is dead

      It'd take longer; Intel's fabs are a long way ahead of everyone else's and so ARM aren't yet producing layouts for that scale. Which would mean that Intel would have to rearchitect the Intel designs for their own fabs, which takes time.

      however the arm fabs can't switch other way

      Definitely true at the moment; the ARM licensees (ARM don't make stuff themselves; that's not their business model) are a generation or two behind Intel on the fab side of things. They compensate by having specialist hardware on their chips to do particularly important operations (e.g., handling the signal processing for LTE) so they can get away with less raw CPU power. It's a different approach that is very relevant for mobile and embedded markets.

      Right now, I expect Intel to continue to dominate in desktop and server markets (i.e., anywhere where you can get power easily) and ARM and their licensees to dominate in mobile and embedded (where the power budget is critical and the ability to combine with custom on-chip hardware invaluable).

      --
      "Little does he know, but there is no 'I' in 'Idiot'!"
    4. Re:Otellini is a great CEO by dbc · · Score: 2

      Yes. Somebody who gets it. Intel looks at gross margin per wafer. They know pretty much exactly how many wafers they can run through a fab in a year. They can easily calculate the gross margin per wafer for any product. For a while when I was at Intel, Intel was a huge buyer of outside fab capacity -- any project that wanted to run in Intel fab had to show that their gross margin per wafer justified being on it. Otherwise, the project was told to "go fish" -- for fab. And they did, or they shut down.

  12. Re:Romney endorsement by Dishevel · · Score: 3, Insightful

    Libretarians are the party of liberty.
    Tea Party is the fiscally and socially conservative party,
    Democrats and Republicans both are Huge government controlling you.
    Democrats want a bunch of money to spend on green energy, unions and social welfare.
    Republicans want a bunch of money for defense contractors and oil.
    They both are the bane of freedom.
    The biggest threat to freedom though are the lazy entitled voters. Freedom is hard, dangerous and takes work.
    Americans are no longer those types of people.

    --
    Why is it so hard to only have politicians for a few years, then have them go away?
  13. Re:Romney endorsement by mwvdlee · · Score: 2

    regain the former glory that the founding fathers intended.

    So you like wearing wigs. eh?

    Or were you talking about just a select part of what you consider "former glory" and use "founding fathers" as an argument to give your personal views a false sense of authority?

    On the other hand, if you are talking about returning the entire state of the US back a few centuries, I'm all with you; they didn't have computers back in those former glory times.

    Claiming something is right based on some decissions made by politicians for a society centuries ago (I guess politicians back then were just as infallible as they are now) is at least as useless as claiming something's right based on some holy scripture.

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