Intel CEO Paul Otellini to retire in surprise move

Associated Press
Intel CEO Paul Otellini to retire in surprise move

FILE - In this Tuesday, Jan. 10, 2012, file photo Intel president and CEO Paul Otellini speaks during his keynote address at the 2012 International CES tradeshow, in Las Vegas. Intel says its CEO, Paul Otellini, plans to retire in May 2013 after nearly 40 years with the company. Intel's board will look at company executives as well as external candidates to replace Otellini, and on Monday promoted three executives to executive vice president. (AP Photo/Julie Jacobson, File)

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