Welcome!

Microservices Expo Authors: Pat Romanski, Liz McMillan, Elizabeth White, Yeshim Deniz, Zakia Bouachraoui

Related Topics: @CloudExpo, Java IoT, Microservices Expo, Microsoft Cloud, Containers Expo Blog, Cognitive Computing

@CloudExpo: Article

Intel CEO to Step Down in May

Otellini is only the fifth CEO Intel has had in its 45-year history and the first non-engineer to get the job

Intel CEO and president Paul Otellini, 62, has apparently tired of beating back the dragons that periodically threaten to devour the company and has decided to retire early.

Intel CEOs have all previously stepped down when they were 65, when retirement is mandatory, with their designated replacement clear. This is not the case this time.

The board, reportedly surprised by his decision, asked him to hang around for six months while it searches for his successor and starts an "orderly" transition. He will leave in May, his anniversary.

When Otellini got the job seven-and-a-half years ago, AMD was eating its lunch in servers, having run off 25% of the market, and Intel was facing massive antitrust suits on both side of the pond. Otellini was forced to restructure the company, change its chip architecture, beat back AMD with its own truncheon and settle the AMD-inspired antitrust complaints.

As a result Intel, a manufacturing marvel now worth $50 billion a year, is clearly master of the high end, but is currently threatened by the industry's shift to mobile, where ARM is king, and where clouds may be potentially filled with ARM-based microservers, which is why Intel stock has stagnated.

Qualcomm is now deemed the most valuable semiconductor company.

Intel's third-quarter profits fell 14% on revenues down 5.5% and, what with PCs being cannibalized by tablets and smartphones, higher operating expenses and the state of the macroeconomy, even in emerging countries, it is scaling back production significantly this quarter.

In a statement Otellini said, "It's time to move on and transfer Intel's helm to a new generation of leadership. I look forward to working with Andy [Bryant, Intel's chairman], the board and the management team during the six-month transition period, and to being available as an advisor to management after retiring as CEO."

The board, which claims it will look inside and outside the company for a replacement - something it has never done before - has isolated an internal selection pool of three people all just promoted executive VP: Renee James, head of Intel's software business; Brian Krzanich, COO and head of worldwide manufacturing; and Stacy Smith, CFO and director of corporate strategy. All of them are Intel lifers, including James, the only woman in the bunch.

Although it would be almost unthinkable for Intel to recruit on the outside, the board is dominated by independent directors, an inheritance from Otellini's predecessor Craig Barrett.

Otellini is only the fifth CEO Intel has had in its 45-year history and the first non-engineer to get the job. It is a complex place and trusts its own. Otellini, for instance, has been there for 40 years.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


Microservices Articles
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Consumer-driven contracts are an essential part of a mature microservice testing portfolio enabling independent service deployments. In this presentation we'll provide an overview of the tools, patterns and pain points we've seen when implementing contract testing in large development organizations.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addresse...