Intel has announced the appointment of Brian Krzanich as the new chief excutive of the firm, replacing Paul Otellini as the current head of the firm after he announced his intention to step down last year.
Krzanich, 52, was formerly the chief operating officer of the firm, a role he held since 2012, and he will be the sixth chief executive in Intel’s history. The transition between Otellini and Krzanich will officially happen on 16 May.
Krzanich said: “I am deeply honored by the opportunity to lead Intel. We have amazing assets, tremendous talent, and an unmatched legacy of innovation and execution. I look forward to working with our leadership team and employees worldwide to continue our proud legacy, while moving even faster into ultra-mobility, to lead Intel into the next era.”
Intel chairman, Andy Bryant, said the appointment was recognition for the work Krzanich had done in his time at Intel over the years. “Brian is a strong leader with a passion for technology and deep understanding of the business. His track record of execution and strategic leadership, combined with his open-minded approach to problem solving has earned him the respect of employees, customers and partners worldwide,” he said.
“He has the right combination of knowledge, depth and experience to lead the company during this period of rapid technology and industry change.”
Intel’s new chief faces some tough challenges, though, on taking up the position, including watching PC sales tumble. Rival Arm is also dominating the mobile processor market, despite Intel’s efforts to fight back with its new range in devices like the Motorola Razr.
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