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Intel CEO Search In Progress

Posted by Michael Tanenbaum News | .NET 4.5 Nov 20, 2012
Intel's CEO search is now underway as the company faces the challenge of gaining ground in the mobile device chip market.
After yesterday's news that current Intel CEO Paul Otellini will retire in May of the coming year, speculation about Intel's next move has already picked up, with many wondering what the company will do to gain ground in a mobile market that has overtaken once-strong PC sales. 

Intel's history of selecting top leadership internally appears likely to repeat in the current circumstance. As part of yesterday's announcement, the company promoted COO Brian Krzanich, CFO Stacy Smith, and software chief Renee James all to the position of executive vice president. According to a Bloomberg report today, the move is thought to place all three candidates in the running for the CEO position.

Outside observers quoted in the report believe Intel should strongly consider candidates from large companies such as Apple or Qualcomm, both of which, along with ARM, have paced competition for semiconductors used in mobile devices.
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