Otellini Takes Intel Reins from Barrett

By Jeffrey Burt  |  Posted 2005-05-23 Print this article Print

Paul Otellini takes the helm at Intel, while former CEO Craig Barrett becomes chairman of the board of directors.

Paul Otellini last week took the helm at Intel, a company that is reorganizing after a difficult year in 2004.

Otellini, who was Intels president and chief operating officer, replaces Craig Barrett as CEO. Barrett will become chairman of the board of directors. The moves, anticipated for more than a year, were made official during a shareholders meeting.

Intel stumbled several times last year. Among the problems were delays in its "Dothan" Pentium M mobile chip and the cancellation of its "Tejas" Pentium 4 chip.

However, the company has rebounded. Earlier this year, Intel reorganized around several platforms and is pushing forward with its 64-bit and dual-core strategies. It is also working to bring capabilities—such as virtualization and better manageability—to its chips to improve performance beyond simply cranking up the frequency.

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