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Paul Otellini

From Wikipedia, the free encyclopedia
Former president and CEO of Intel
Paul Otellini
Otellini in 2010
Born(1950-10-12)October 12, 1950
DiedOctober 2, 2017(2017-10-02) (aged 66)
NationalityAmerican
EducationSt. Ignatius College Preparatory
Alma materUniversity of San Francisco
University of California, Berkeley
Occupation(s)Ex-President & Ex-CEO ofIntel
PredecessorCraig Barrett
SuccessorBrian Krzanich
Board member of
Google
WebsitePaul Otellini[dead link] - Intel.com

Paul Stevens Otellini (October 12, 1950 – October 2, 2017) was an American businessman who served as president and CEO ofIntel. He was also on the board of directors ofGoogle.

Early life and education

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Otellini was born and raised inSan Francisco,California, United States.[1] His family is ofItalian origin.[1] Otellini graduated fromSt. Ignatius College Preparatory and held a bachelor's degree ineconomics from theUniversity of San Francisco earned in 1972.[1] He received anMBA from theHaas School of Business at theUniversity of California, Berkeley in 1974.[1]

Employment at Intel

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Otellini joined Intel in 1974,[2] Otellini was appointed an operating group vice president in 1988, elected as an Intel corporate officer in 1991, and made senior vice president in 1993. He served as general manager of the Microprocessor Products Group, leading the introduction of thePentium microprocessor that followed in 1993.[3] He also managed Intel's business withIBM, served as general manager of both the Peripheral Components Operation and the Folsom Microcomputer Division, where he was responsible for the company's chipset operations, and served as a technical assistant to then-Intel presidentAndrew Grove.[4]

He was promoted to executive vice president in 1996. From 1998 to 2002, he was executivevice president andgeneral manager of the Intel Architecture Group, responsible for the company'smicroprocessor andchipset businesses and strategies for desktop, mobile and enterprise computing.[5] From 1996 to 1998, Otellini served as executive vice president of sales and marketing and from 1994 to 1996 as senior vice president and general manager of sales and marketing.[6]

In 2002, he was elected to theboard of directors and became president andChief Operating Officer at the company.[7] On May 18, 2005, he succeededCraig Barrett as the new CEO of Intel.[8] Otellini was considered a departure from the norm as he was the first Intel CEO who was not an engineer.[9]

Otellini is reported to have been a major force in convincingApple Inc. in theApple-to-Intel transition, and being very fond ofMac OS X, sayingMicrosoft'sWindows Vista is "closer to the Mac than we've been on the Windows side for a long time".[10]

In 2006, he oversaw the then-largest round of layoffs in Intel history when 10,500 (or 10% of the corporate workforce) employees were laid-off.[11] Job cuts in manufacturing, product design, and other redundancies, were made in an effort to save $3 billion/year in cost by 2008. Of the 10,500 jobs, 1,000 layoffs were at the management level.[12] In 2007, Otellini announced plans to build a $3 billion semiconductor manufacturing plant in the port city ofDalian,China.[13]

In 2006, Otellini was named Haas Business Leader of the Year.[5] Nevertheless, in hindsight, Otellini has made the strategic mistake of ignoring the mobile processor market, and also did not develop credible technology to counter ARM-based architecture. These missteps, combined with missed product cycles under Otellini's successors, would come back to haunt Intel over a decade later.[14]

On November 19, 2012, Otellini announced his intention to retire in May 2013.[15][16]

Personal life

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Otellini died in his sleep on October 2, 2017, at his home in Sonoma County, California.[17][18] He was survived by his second wife, of 30 years, Sandy Otellini; his son, Patrick; and his daughter, Alexis.[19]

References

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  1. ^abcd"Paul Otellini 1950— Biography - Early life and education, Joins intel and manages ibm account". Reference for Business. RetrievedJuly 6, 2011.
  2. ^Clark, Don (2017-10-03)."Paul S. Otellini, Who Led Intel and Saw It Grow Even More, Dies at 66".The New York Times.ISSN 0362-4331. Retrieved2019-12-17.
  3. ^EDN (2002-01-16)."EDN - Otellini named president and COO by Intel -".EDN. Retrieved2020-02-21.
  4. ^"Fritz Institute".www.fritzinstitute.org. Retrieved2020-02-21.
  5. ^abFaught, Andrew (2017-10-11)."Former Intel CEO Paul Otellini, MBA 74, passes away | Berkeley-Haas".Haas News | Berkeley Haas. Retrieved2019-12-17.
  6. ^"Paul Otellini".experience.hsm.com.br. Archived fromthe original on 2020-02-21. Retrieved2020-02-21.
  7. ^"Intel Names Paul S. Otellini President And Chief Operating Officer".www.intel.com. Retrieved2020-02-13.
  8. ^"Intel President and Chief Operating Officer Will Keynote at WCIT; World Congress On Information Technology Welcomes Paul Otellini".Finanznachrichten.de. Retrieved23 June 2018.
  9. ^Hardy, Quentin (19 November 2012)."Intel Chief Executive to Retire in May".Bits.blogs.nytimes.com. Retrieved23 June 2018.
  10. ^Tony Smith (7 March 2007)."Intel waiting for key update before going Vista".The Register. Retrieved24 October 2017.
  11. ^Foremski, Tom (2017-10-04)."Former Intel CEO Paul Otellini dies in sleep".ZDNet. Retrieved2019-12-17.
  12. ^Bennett, Amy."Intel announces layoffs, reorganization".Itworld.com. Retrieved23 June 2018.
  13. ^"EETimes.com - Updated: Intel confirms $2.5 billion fab in China". Archived fromthe original on 2007-09-29. Retrieved2007-03-26.
  14. ^Floyer, David Vellante, David (2024-09-14)."247 | Special Breaking Analysis | The Root Cause of Intel's Troubles...A Critical Analysis".theCUBEResearch. Retrieved2024-12-17.{{cite web}}: CS1 maint: multiple names: authors list (link)
  15. ^Savitz, Eric."Intel CEO Paul Otellini To Retire In May 2013".Forbes.com. Retrieved23 June 2018.
  16. ^NY Times News Service,[1],Economic Times, 20 November 2012
  17. ^Clark, Don (3 October 2017)."Paul S. Otellini, Who Led Intel and Saw It Grow Even More, Dies at 66".The New York Times. Retrieved23 June 2018.
  18. ^Haselton, Todd (3 October 2017)."Former Intel CEO Paul Otellini has died at age 66".Cnbc.com. Retrieved23 June 2018.
  19. ^Clark, Don (3 October 2017)."Paul S. Otellini, Who Led Intel and Saw It Grow Even More, Dies at 66".The New York Times. Retrieved10 September 2018.

External links

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Wikiquote has quotations related toPaul Otellini.
Wikimedia Commons has media related toPaul Otellini.
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