Intel CEO Otellini: 10 Things That Will Result From His Leaving
Intel's Paul Otellini is leaving the company after more than 40 years with the firm, the last eight as CEO. Is it good news for Intel or good news for competitors? We take a look.Longtime Intel CEO Paul Otellini announced Nov. 19 that he is retiring, leaving a massive void at the top of the world's largest processor maker. Of course, speculation abounds over why he's retiring. Some say that Otellini has had enough and wants to enjoy his wealth. Others, however, claim that Otellini was pushed out by Intel's board, after directors felt he failed to see the changing times and capitalize on the mobile world. Whatever the case, Otellini is going. And when he's finally replaced in May, major changes can be expected. Although those changes will happen most rapidly inside Intel, his departure will also be felt across the processor industry. Otellini is a major force in the chip field, and to say that his retirement will be felt for years to come might just be an understatement. His importance to Intel, processors and even PCs is tremendous. But with Otellini's plans now known, it's time to figure out how his departure might impact Intel and the processor market, in general. Not surprisingly, the void he leaves could be both good and bad for all parties involved. 1. A new view on the desktop market
For years now, Otellini has followed the same strategy in the desktop PC market: deliver new processors each year that only slightly improve the power offered in those that came before them. The issue is not necessarily innovation, but Otellini's Steve Jobs-like decision to offer only some of what customers want one year, so he could deliver everything they want the next year. Hopefully, that will change with his replacement.