Former Intel CEO Paul Otellini has died at age 66

Former Intel CEO Paul Otellini has died at age 66”

Otellini served in a number of positions, including general manager of Intel's Peripheral Components Operation and the Folsom Microcomputer Division. Otellini was a San Francisco native and was Intel's first CEO that didn't have formal engineering training on his résumé. Otellini also drove a new level of efficiency at Intel, McGregor added. (He continued to live there despite a long commute to Intel's headquarters in Santa Clara.) He received a bachelor's degree in economics from the University of San Francisco and an M.B.A. from the University of California, Berkeley.

'We are deeply saddened by Paul's passing, ' current chief executive Brian Krzanich said in a statement following the announcement. "He was the relentless voice of the customer in a sea of engineers, and he taught us that we only win when we put the customer first", Krzanich said in a statement.

Despite the fact that he did not have any educational background in technology, his impact on Intel (and therefore on the whole IT industry) is hard to overstate.

He served in several capacities, including executive vice president and general manager of the group responsible for the company's microprocessor and chipset business and for forming strategies for desktop, mobile and enterprise computing, Intel said.

Intel's $7.68 billion acquisition of McAfee security software firm in 2010 was spun out earlier this year in a joint venture with private investment fund TPG.

Jim McGregor, principal analyst at Tirias Research, said in an email exchange that Otellini was unique among the six CEOs Intel has had in its history because he was a "business guy" as opposed to "the typical technology guy". The company's financial results were strong even during the global economic recession from 2008 to 2010. Otellini clearly could sell though: He is credited with winning in the coveted business of making chips for the Apple's aapl PC business in 2005. Before he took over as CEO, Intel had $34bn (£25.6bn) in sales revenue which soared to $53bn (£40bn) by the beginning of 2012. He wasn't, however, a Steve Jobs-style leader or presenter. He joined Intel in 1974 and worked his way up through various positions at the company. During his famous presentation at IDF in 2007, Mr. Otellini announced plans to increase performance of the company's iGPUs by 10 times by 2010, but in reality the company did better than that. "They focused on being the support mechanism for partners... the channel flourished in those years, and that was all Paul's doing".

Otellini died in his sleep, the company has confirmed, and is survived by his wife of 30 years Sandy Otellini, his son Patrick, and his daughter Alexis.

Like this


04 October 2017
Trump's United Nations ambassador broke the law - by retweeting Trump
There is a bit of irony that it is Haley - and not Trump - who gets an official rebuke for using Twitter inappropriately. It applies to all executive branch employees, except the president and vice president.

04 October 2017
North Korea smuggled weapons worth millions to Egypt, says UN
According to the Post , the illicit arms trading is a "vital financial lifeline" that sustains North Korean dictator Kim Jong Um. The ship was registered in Cambodia and flew a Cambodian flag, in an apparent attempt to avoid unwanted scrutiny.

04 October 2017
Film producers decide not to release Tamil movies from Friday
The association also said that the estimated loss per multiplex property due to closure could be ₹6 lakh per day. The multiplexes in Tamil Nadu have also chose to remain shut, protesting against the local body tax .

04 October 2017
Japan, Hong Kong shares track Wall Street advance
The Nikkei average climbed 213.29 points or 1.05 percent to finish at 20,614.07, the highest level since mid-August 2015. US stock indexes ticked higher in early trading Tuesday and tacked on a bit more to their records set a day earlier.

04 October 2017
Dodgers, Indians Are Betting Favorites In MLB Playoffs
CLEVELAND- There will be extra security on Gateway Plaza when the Cleveland Indians play in the American League Division Series . Throw in that Chris Sale is making his postseason debut and the Red Sox appear even more potent than they did previous year .

04 October 2017
Iowa DOT uses Taylor Swift's new song to remind drivers about safety
Road signs in the U.S. state of Iowa are using Taylor Swift lyrics to put drivers off from using their mobile phones. Iowa Department of Transport has started using the adapted lyric as part of its "zero fatalities" campaign.

04 October 2017
Catalonia to declare independence in 'matter of days', says Puigdemont
The regional president, Carles Puigdemont said Catalonia "has won the right to decide its future, its sovereignty". It contributes almost one-fifth of the country's total GDP and has an economy larger than that of Portugal.

04 October 2017
Accountability court in Islamabad starts hearing into reference against Ishaq Dar
Dar's counsel, Khawaja Haris, cross-examined Ishtiaq Ali after he recorded his statement against the incumbent finance minister . Judge Mohammad Bashir is hearing the case, while accused finance minister has reached the court along with his counsel.

04 October 2017
Barca back for Coutinho in January
El Mundo Deportivo is reporting that Barcelona are readying a new bid for Liverpool hotshot Philippe Coutinho . Philippe Coutinho remains in contact with Barcelona.

04 October 2017
Larduet tops men's all-around qualification at Artistic Gymnastics World Championships
Meanwhile, Kenzo Shirai placed fourth in the qualifiers and advanced to Thursday's men's individual all-around final. Tulloch will aim to be the first British gymnast to win a medal in a world rings final, which is also on Saturday.