Back in November we had reported Intel s CEO Paul Otellini would retire in May after 5 years at the helm, however the chipset vendor had not announced his successor. Intel today announced that COO Brian Krzanich would take his place on May 16, at the company s annual stockholders meeting. Also Read - Jio 5G rollout today? No, you will need to wait longer to experience 5G in IndiaAlso Read - Vi introduces new Rs 447 prepaid plan: Here are the benefits are included
Krzanich, who joined Intel back in 1982, was appointed as the company s COO in January 2012 and will become Intel s sixth CEO. He takes the charge at a crucial stage for Intel when PC shipments are declining while smartphone and tablet shipments are ballooning an area where Intel does not have much footing and is dominated by companies like Qualcomm, MediaTek and Texas Instruments. As we had reported earlier, Krzanich is likely to be handed a brief that would include kickstarting the company s smartphone and tablet strategy while at the same time take Intel to the next generation of personal computing. Also Read - Twitter will now sell a ticket for you to join Spaces, aims to help creators earn money
Intel s chairman, Andy Bryant said, Brian is a strong leader with a passion for technology and deep understanding of the business. His track record of execution and strategic leadership, combined with his open-minded approach to problem solving has earned him the respect of employees, customers and partners worldwide. He has the right combination of knowledge, depth and experience to lead the company during this period of rapid technology and industry change, he added.
Intel has also appointed Ren e James as the President of Intel and she too will be taking her place on May 16.
You can watch Krzanich talking about his new position in the video below.