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Paul Otellini

From Wikipedia, the free encyclopedia
Paul Otellini
Otellini in 2010
Born(1950-10-12)October 12, 1950
San Francisco, California, U.S.
DiedOctober 2, 2017(2017-10-02) (aged 66)
Kenwood, California, U.S.
NationalityAmerican
EducationSt. Ignatius College Preparatory
Alma materUniversity of San Francisco
University of California, Berkeley
OccupationEx-President & Ex-CEO of Intel
PredecessorCraig Barrett
SuccessorBrian Krzanich
Board member of
Google
WebsitePaul Otellini - Intel.com

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

Early life and education

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Otellini was born and raised in San Francisco, California, United States.[1] His family is of Italian origin.[1] Otellini graduated from St. Ignatius College Preparatory and held a bachelor's degree in economics from the University of San Francisco earned in 1972.[1] He received an MBA from the Haas School of Business at the University 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 the Pentium microprocessor that followed in 1993.[3] He also managed Intel's business with IBM, 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 president Andrew Grove.[4]

He was promoted to executive vice president in 1996. From 1998 to 2002, he was executive vice president and general manager of the Intel Architecture Group, responsible for the company's microprocessor and chipset 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 the board of directors and became president and Chief Operating Officer at the company.[7]

On May 18, 2005, he succeeded Craig Barrett as the new CEO of Intel.[8] Otellini was considered a departure from the norm when he was promoted to CEO because he was not an engineer.[9] Otellini is reported to have been a major force in convincing Apple Inc. in the Apple-to-Intel transition, and being very fond of Mac OS X, saying Microsoft's Windows Vista is "closer to the Mac than we've been on the Windows side for a long time".[10]

In 2006, he oversaw the 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 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 developing a credible technology to counter ARM-based architecture.[13] This sealed Intel's fate for the next two decades.

In 2007, Otellini announced plans to build a $3 billion semiconductor manufacturing plant in the port city of Dalian, China.[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. ^ a b c d "Paul Otellini 1950— Biography - Early life and education, Joins intel and manages ibm account". Reference for Business. Retrieved July 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. Retrieved 2019-12-17.
  3. ^ EDN (2002-01-16). "EDN - Otellini named president and COO by Intel -". EDN. Retrieved 2020-02-21.
  4. ^ "Fritz Institute". www.fritzinstitute.org. Retrieved 2020-02-21.
  5. ^ a b Faught, Andrew (2017-10-11). "Former Intel CEO Paul Otellini, MBA 74, passes away | Berkeley-Haas". Haas News | Berkeley Haas. Retrieved 2019-12-17.
  6. ^ "Paul Otellini". experience.hsm.com.br. Retrieved 2020-02-21.
  7. ^ "Intel Names Paul S. Otellini President And Chief Operating Officer". www.intel.com. Retrieved 2020-02-13.
  8. ^ "Intel President and Chief Operating Officer Will Keynote at WCIT; World Congress On Information Technology Welcomes Paul Otellini". Finanznachrichten.de. Retrieved 23 June 2018.
  9. ^ Hardy, Quentin (19 November 2012). "Intel Chief Executive to Retire in May". Bits.blogs.nytimes.com. Retrieved 23 June 2018.
  10. ^ Tony Smith (7 March 2007). "Intel waiting for key update before going Vista". The Register. Retrieved 24 October 2017.
  11. ^ Foremski, Tom (2017-10-04). "Former Intel CEO Paul Otellini dies in sleep". ZDNet. Retrieved 2019-12-17.
  12. ^ Bennett, Amy. "Intel announces layoffs, reorganization". Itworld.com. Retrieved 23 June 2018.
  13. ^ Floyer, David Vellante, David (2024-09-14). "247 | Special Breaking Analysis | The Root Cause of Intel's Troubles...A Critical Analysis". theCUBEResearch. Retrieved 2024-12-17.{{cite web}}: CS1 maint: multiple names: authors list (link)
  14. ^ "EETimes.com - Updated: Intel confirms $2.5 billion fab in China". Archived from the original on 2007-09-29. Retrieved 2007-03-26.
  15. ^ Savitz, Eric. "Intel CEO Paul Otellini To Retire In May 2013". Forbes.com. Retrieved 23 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. Retrieved 23 June 2018.
  18. ^ Haselton, Todd (3 October 2017). "Former Intel CEO Paul Otellini has died at age 66". Cnbc.com. Retrieved 23 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. Retrieved 10 September 2018.
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Business positions
Preceded by CEO, Intel
2005–2013 		Succeeded by
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