Intel CEO Set to Retire in May

Paul Otellini spent almost forty years at the computer chip company

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Intel's CEO Paul Otellini will retire in May, the chip company has confirmed, though no replacement has yet been found. Otellini – who joined Intel nearly forty years ago, and has been its CEO for the past eight years – will transition out of his role over a six month period, having been the primary motivator behind Intel's strategy in ultrabooks, though has also seen the company struggle to compete in mobile processors.

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