Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Latest News
    • PC Hardware

    Intel Reportedly Looking at Outside CEO Candidates

    Written by

    Jeff Burt
    Published March 9, 2013
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      Intel is in the midst of difficult efforts to expand its reach beyond chips for PCs and servers and into new growth areas, and will soon be doing so under the direction of a new CEO. And according to reports, the new top executive could come from the outside, which would be a first for the giant chip maker.

      Current CEO Paul Otellini, who has been with Intel for some four decades and its top executive for the last seven-plus, announced in November 2012 that he would retire in May, a move that kicked off a search for his replacement by the company’s board of directors.

      At a conference in December 2012, Otellini said he expected Intel to stick to tradition and find his successor from within the company.

      “It’s not up to me, but I think that’s the most likely outcome,” Otellini said at the time. “I’m very comfortable with the internal candidates. … In this environment, why take the risk and take the time [of hiring an outside executive]? So my sense is that they will stay inside.”

      However, that could change. In February, Bloomberg reported that Intel’s board had hired an outside firm, Spencer Stuart and Associates, to help find the next CEO and that the group was considering candidates from outside the company. A spokerperson for Intel told the news site that “the board will be equally looking at internal and external candidates. … A board would not be fulfilling its responsibilities if it did not see insight on talent available inside and outside the company.”

      Some of the internal candidates whose names have cropped up in news stories have been CFO Stacy Smith, Chief Operating Officer Brian Krzanich, and Renee James, executive vice president and general manager of Intel’s Software and Services Group. Business Insider, citing unnamed people “familiar with the matter,” reported March 8 that the board also is considering former Motorola CEO Sanjay Jha and Pat Gelsinger, a former longtime Intel executive who currently is CEO of virtualization technology giant VMware.

      Bringing in a CEO from the outside would be seen as a signal from the directors that they want a fresh take on where Intel is headed. The company’s x86 processors dominate the traditional PC and server markets, but Intel has yet to make a lot of headway into the booming market for mobile devices like smartphones and tablets, the bulk of which currently run on low-power chips designed by ARM and made by such vendors as Qualcomm and Samsung Electronics.

      Intel is driving up the performance and power efficiency of its chips, and is pushing its Atom platform into the mobile device space with some success. However, the company has yet to make a significant dent in the market.

      Intel, like other tech vendors with strong ties to the contracting PC space, is looking to expand into growth areas as such as mobile and cloud, and that could be where an outsider could help. Jha, Motorola’s CEO before it was bought last year by Google, has extensive experience in the mobile device space. Meanwhile, Gelsinger—though he had spent most of his working like at Intel—has been at storage giant EMC and, later, its subsidiary, VMware, for the past few years, and both companies are making significant inroads in such areas as cloud computing, data center solutions and services.

      Intel also is growing its foundry business of making chips for other vendors, most recently signing up Altera. The company also is rumored to have talked with Apple about possibly making ARM-designed chips for the device maker’s popular iPhones and iPads, though some analysts have argued that such a deal is unlikely in the short term.

      The foundry business is another way for Intel to expand its business reach, and enables it to leverage its massive manufacturing capabilities at a time when demand for its own PC chips is being impacted by the slowing sales of PCs.

      Intel’s board of directors reportedly is hoping to make a decision on a new CEO by the time of its annual shareholder meeting May 16.

      Jeff Burt
      Jeff Burt
      Jeffrey Burt has been with eWEEK since 2000, covering an array of areas that includes servers, networking, PCs, processors, converged infrastructure, unified communications and the Internet of things.

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×