Intel names Paul Otellini president and COO

Jan. 17, 2002 – Santa Clara, CA – Intel Corp.’s board of directors has elected 27-year Intel veteran Paul Otellini president and COO.

Otellini will join CEO Craig Barrett in a two-person executive office. Otellini will be responsible for overseeing Intel’s internal operations, focusing on the development and delivery of new products and technologies, and the efficiency and productivity of the company’s business. Corporate strategy and long-range planning will continue to be led by Intel’s CEO Barrett.

“As Intel’s silicon products span beyond PCs and servers to communications, the job of keeping Intel at the competitive forefront with customers, the industry and government, and in internal operations has grown,” said Barrett. “The breadth and depth of Paul’s experience certainly qualify him to take responsibility for Intel’s internal operational excellence. He headed our core microprocessor products business for the last four years after leading sales and marketing worldwide for five years, in addition to holding key product development and finance roles. Paul understands the dynamics of Intel’s business, industry and company culture, and has the skills to help execute on our plans and programs as we move forward.”

Since 1998, Otellini served as exec. VP and GM of the Intel architecture group, responsible for the company’s $21 billion microprocessor and chipset businesses. He served as exec. VP of sales and marketing from 1992 to 1998.

Since joining Intel in 1974, he has held a number of other positions, including GM of the company’s peripheral components operation and of the folsom microcomputer division.


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