intelSAN FRANCISCO: Computer chip giant Intel Corp. announced Monday that chief executive Paul Otellini would retire in May, and that a search for a new CEO was underway.

 

"The board of directors will conduct the process to choose Otellini's successor and will consider internal and external candidates for the job," said a statement from the Santa Clara, California tech giant.

 

Copyright AFP (Agence France-Presse), 2012

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