Intel has poached the chief executive officer of BP to join its board of directors.
John Browne becomes a peer on the board at a young 48, making him a pretender for the throne at Intel if ever current chief executive Andy Grove relinquishes the title. His arrival at Intel was hailed by Gordon Moore, emeritus chairman of Intel.
Moore said: ?His years of international experience managing large and widely dispersed industrial organisations will provide Intel with considerable expertise as we face the competitive challenges of the future.?
Browne is not ignorant of technology. His CV shows that he has a masters in administering business, a degree in physics from Cambridge University and also understands metallurgy. Interestingly, Intel is predicted by Wall Street analysts soon to be in a position to topple oil company Exxon from its number one perch in the US corporate rankings.
Intel now has close on 45,000 employees worldwide and its attempt to control its almost ballistic growth have taxed the strength of the organisation. Just two weeks ago Moore, author of the famous Intel graph which predicted that transistors will double and double again by the year 2000, stepped down from his day-to-day role.
Andy Grove, too, is taking a back seat while the power struggle is continuing at Intel, a company he formed on a single piece of paper 30 years ago. Its growth was fortuitously boosted by IBM?s decision to adopt Intel?s chip as the basis for the IBM PC, a move which has seen many former giants both rise and fall.
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