Former Intel CEO Paul Otellini passes away at 66
Former Intel CEO Paul Otellini passes away at 66
DEAN TAKAHASHI@DEANTAK OCTOBER 3, 2017 7:01 AM
Former Intel CEO Paul Otellini has passed away at the age of 66. ... Otellini was a lifelong Intel employee who had silicon in his blood. He was named CEO of the worlds biggest chip maker in May 2005, and he stayed in that post until he retired in 2013. In its 49-year history, Intel has only had six chief executives, and Otellini was the fifth. He was a 40-plus-year employee, and he was the first non-engineer to run the company.
Otellini announced his retirement at age 62, a few years shy of the Intel mandatory retirement age of 65. His departure came amid Intels struggles in mobile chips, when it lost billions trying to compete with archrival Qualcomm. Otellini was succeeded by Brian Krzanich, who is still Intels top executive today. While Intel powers most of the worlds personal computers, it missed the boat on mobile. The worlds smartphones from Samsungs Galaxy Note S8 to the iPhone X do not run on Intel chips.
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On a personal note, Otellini grew up in San Francisco in a religious family. He was an altar boy as a youth. He sold hot dogs at Candlestick Park and got an economics degree from the University of San Francisco in 1968 the year Intel was founded by Grove, Gordon Moore, and Bob Noyce. Otellini go an MBA from the University of California at Berkeley in 1972 and worked in the purchasing department of a slaughterhouse.
Otellini took a job at Intel in the finance department in 1974. He moved to the young microprocessor group in the late 1970s at the start of the PC era. In 1989, Otellini served as the technical assistant for Grove, which meant he had to make sure Groves speeches went off without a hitch. He also had to teach Grove how to use a PC. Otellini went on to run the microprocessor products division, and he helped launch the Pentium processor in 1993. That chip had a math flaw in it, but it helped cement Intels control of the PC industry as it left the companys rivals far behind.