Intel Corporate Headquarters - 2200 Mission College Blvd. Santa Clara, CA 95054, USA. Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Courtesy of Intel

Santa Clara, Calif., USA - May 02, 2013

Intel Corporation announced today that the board of directors has unanimously elected Brian Krzanich as its next chief executive officer (CEO), succeeding Paul Otellini.

Krzanich will assume his new role at the company’s annual stockholders’ meeting on May 16.

Krzanich, Intel’s chief operating officer since January 2012, will become the sixth CEO in Intel’s history.

As previously announced, Otellini will step down as CEO and from the board of directors on May 16.

The Intel board of directors has elected Brian Krzanich, 52, as Intel's next chief executive officer and elected Renée James, 48, as Intel's next president. Courtesy of Intel

“After a thorough and deliberate selection process, the board of directors is delighted that Krzanich will lead Intel as we define and invent the next generation of technology that will shape the future of computing,” said Andy Bryant, chairman of Intel.

Brian Krzanich will become the sixth CEO in Intel’s history and will assume his new role at the company’s annual shareholder meeting on May 16. Krzanich, 52, has progressed through a series of technical and leadership roles since joining Intel in 1982. Courtesy of Intel

“Brian is a strong leader with a passion for technology and deep understanding of the business,” Bryant added.
“His track record of execution and strategic leadership, combined with his open-minded approach to problem solving has earned him the respect of employees, customers and partners worldwide. He has the right combination of knowledge, depth and experience to lead the company during this period of rapid technology and industry change.”

Paul S. Otellini is the current president and chief executive officer of Intel Corporation. He was named president and elected to Intel's board of directors in 2002, and became the company's fifth CEO in 2005, serving in those roles until he stepped down on May 16, 2013. Courtesy of Intel

Krzanich, 52, has progressed through a series of technical and leadership roles since joining Intel in 1982.

Craig R. Barrett is retired chief executive officer and chairman of the board of Intel Corporation.  Dr. Barrett became Intel's fourth president in 1997, was chief executive officer from 1998 to 2005, and was chairman of the board from May 2005 to May 2009. Courtesy of Intel

“I am deeply honored by the opportunity to lead Intel,” said Krzanich.
“We have amazing assets, tremendous talent, and an unmatched legacy of innovation and execution. I look forward to working with our leadership team and employees worldwide to continue our proud legacy, while moving even faster into ultra-mobility, to lead Intel into the next era.”

Andrew S. Grove is senior advisor to Intel Corporation. Previously Grove was chairman of the board of from May 1997 to May 2005. From 1987 to 1998 he served as the company's CEO and from 1979 to 1997 he served as president. Courtesy of Intel

The board of directors elected Renée James, 48, to be president of Intel.

She will also assume her new role on May 16, joining Krzanich in Intel’s executive office.

Gordon E. Moore is chairman emeritus of Intel Corporation. Moore co-founded Intel in 1968, serving initially as executive vice president. He became president and CEO in 1975 and held that post until elected chairman and CEO in 1979. He remained CEO until 1987 and was named chairman emeritus in 1997. Courtesy of Intel

"I look forward to partnering with Renée as we begin a new chapter in Intel’s history," said Krzanich.
"Her deep understanding and vision for the future of computing architecture, combined with her broad experience running product R&D and one of the world’s largest software organizations, are extraordinary assets for Intel.”

Robert Noyce was chairman and CEO of Intel Corporation. Noyce co-founded Intel in 1968, serving initially as CEO from 1968-1975. He became chairman of the board in 1975 and continued on as vice chairman in 1987. Courtesy of Intel

As chief operating officer, Krzanich led an organization of more than 50,000 employees spanning Intel’s Technology and Manufacturing Group, Intel Custom Foundry, NAND Solutions group, Human Resources, Information Technology and Intel’s China strategy.

James, 48, has broad knowledge of the computing industry, spanning hardware, security, software and services, which she developed through leadership positions at Intel and as chairman of Intel’s software subsidiaries - Havok, McAfee and Wind River.

She also currently serves on the board of directors of Vodafone Group Plc and VMware Inc. and was chief of staff for former Intel CEO Andy Grove.

By Patrick Darling, Intel Newsroom

Additional career background on both executives is available at newsroom.intel.com  


About Intel


Intel (NASDAQ: INTC) is a world leader in computing innovation.

The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices.

Additional information about Intel is available at
newsroom.intel.com  and  blogs.intel.com.



Renée J. James

President (Elect), Executive Office, Intel.

Renée J. James Courtesy of Intel

Renée J. James is president of Intel Corporation and, with the CEO, is part of the company's two-person Executive Office.

James has broad knowledge of the computing industry, spanning hardware, security, software and services, which she developed through product R&D leadership positions at Intel and as chairman of Intel's software subsidiaries - Havok, McAfee and Wind River.

During her 25-year career at Intel, James has spearheaded the company's strategic expansion into providing proprietary and open source software and services for applications in security, cloud-based computing, and importantly, smartphones.

In her most recent role as executive vice president and general manager of the Software and Services Group, she was responsible for Intel's global software and services strategy, revenue, profit, and product R&D.
In this role, James led Intel's strategic relationships with the world's leading device and enterprise operating systems companies.

Previously, she was the director and COO of Intel Online Services, Intel's datacenter services business.

James was also part of the pioneering team working with independent software vendors to port applications to Intel Architecture and served as chief of staff for former Intel CEO Andy Grove.

James began her career with Intel through the company's acquisition of Bell Technologies.

She holds a bachelor's degree and master's degree in Business Administration from the University of Oregon.

James also serves as a non-executive director on the Vodafone Group Plc Board of Directors and is a member of the Remuneration Committee.

She is an independent director on the VMware Inc. Board of Directors and is a member of the Audit Committee.

She is also a member of the C200.



Brian M. Krzanich

Chief Executive Officer (Elect), Executive Office, Intel.

Brian M. Krzanich Courtesy of Intel

Brian M. Krzanich will become the chief executive officer of Intel Corporation on May 16.

He will be the sixth CEO in the company's history, succeeding Paul S. Otellini.

Krzanich has progressed through a series of technical and leadership roles at Intel, most recently serving as the chief operating officer (COO) since January 2012.

As COO, his responsibilities included leading an organization of more than 50,000 employees spanning Intel's Technology and Manufacturing Group, Intel Custom Foundry, supply chain operations, the NAND Solutions group, human resources, information technology and Intel's China strategy.

His open-minded approach to problem solving and listening to customers' needs has extended the company's product and technology leadership and created billions of dollars in value for the company.

In 2006, he drove a broad transformation of Intel's factories and supply chain, improving factory velocity by more than 60 percent and doubling customer responsiveness.

Krzanich is also involved in advancing the industry's transition to lower cost 450mm wafer manufacturing through the Global 450 Consortium as well as leading Intel's strategic investment in lithography supplier ASML.

Prior to becoming COO, Krzanich held senior leadership positions within Intel's manufacturing organization.

He was responsible for Fab/Sort Manufacturing from 2007-2011 and Assembly and Test from 2003 to 2007.

From 2001 to 2003, he was responsible for the implementation of the 0.13-micron logic process technology across Intel's global factory network.

From 1997 to 2001, Krzanich served as the Fab 17 plant manager, where he oversaw the integration of Digital Equipment Corporation's semiconductor manufacturing operations into Intel's manufacturing network.

The assignment included building updated facilities as well as initiating and ramping 0.18-micron and 0.13-micron process technologies.

Prior to this role, Krzanich held plant and manufacturing manager roles at multiple Intel factories.

Krzanich began his career at Intel in 1982 in New Mexico as a process engineer.

He holds a bachelor's degree in Chemistry from San Jose State University and has one patent for semiconductor processing.

Krzanich is also a member of the Board of Directors of Lilliputian Corporation and the Semiconductor Industry Association.



Andy D. Bryant

Chairman of the Board, Intel.

Andy D. Bryant Courtesy of Intel

Andy D. Bryant is chairman of the Board of Directors.

Bryant joined Intel in 1981 as controller for the Commercial Memory Systems Operation and in 1983 became Systems Group Controller.

In 1987 he was promoted to director of Finance for the corporation, and was appointed vice president and director of Finance of the Intel Products Group in 1990.

Bryant became CFO in February 1994, and was promoted to senior vice president in January 1999.

Bryant expanded his role to Chief Financial and Enterprise Services Officer in December 1999.

In October 2007, Bryant was named Chief Administrative Officer.

In 2009 Bryant's responsibilities expanded to include the Technology and Manufacturing Group.

Bryant was named a director and vice chairman of Intel's Board of Directors in July 2011 and chairman of the Board in May 2012

Prior to joining Intel, he held positions in finance at Ford Motor Company and Chrysler Corporation.

Bryant holds a bachelor's degree in economics from the University of Missouri and a master's degree in business administration with a concentration in finance from the University of Kansas.


Source: Intel Corporation

http://newsroom.intel.com/community/intel_newsroom  



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