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Brian Krzanich elected next CEO of Intel

Board of directors unanimously approves Brian Krzanich as the successor to Paul Otellini as Intel's CEO, while Renée James is elected president.

Six months after Paul Otellini announced that he would be retiring in May of this year, Intel has come to a decision regarding a successor. In a press release today, the company announced that Brian Krzanich would be taking the reigns of the company, following a unanimous approval by the board of directors.

Krzanich previously held the position of Chief Operating Officer (COO) at Intel after spending over 30 years with the company, and is expected to take over the duties of CEO starting May 16th. The release also unveiled that Renée James would join Krzanich's office as the president of Intel, after chairing various Intel subsidiaries, including Havok, McAfee and Wind River.

Intel's current chairman, Andy Bryant, praised the move, saying that "Brian is a strong leader with a passion for technology and deep understanding of the business". In addition, Bryant believes that Krzanich possesses "the right combination of knowledge, depth and experience" that is necessary to be CEO of the world's largest chip manufacturer. 

This latest shuffle in the Intel hierarchy comes ahead of the expected Haswell launch next month, as well as the recent release of details regarding the graphics found inside the new generation of CPUs. Intel clearly hopes that Krzanich can keep up the progress initiated by his predecessor, who saw the release of Intel's Core generation of processors as well as a bountiful partnership with Apple. 


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Omar Qudsi, 2013-05- 2 (Update: 2013-05- 2)