Intel Taps Otellini As President, COO

Promoted from executive vice president

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Intel has named Paul Otellini, who has headed up its Intel Architecture Group into its current Pentium 4 and Itanium transitions, to be president and COO.

The Santa Clara, Calif.-based chip maker announced the move following the stock market's close.

"As Intel's silicon products span beyond PCs and servers to communications, the job of keeping Intel at the competitive forefront with customers, the industry and government, and in internal operations has grown," Intel CEO Craig Barrett said in a statement. "The breadth and depth of Paul's experience certainly qualify him to take responsibility for Intel's internal operational excellence. He headed our core microprocessor products business for the past four years after leading sales and marketing worldwide for five years, in addition to holding key product development and finance roles. Paul understands the dynamics of Intel's business, industry and company culture, and has the skills to help execute on our plans and programs as we move forward."

Intel named Otellini, a 27-year Intel veteran, to the post a day after it posted its fourth-quarter earnings. During the period, the Intel Architecture Group reported continued brisk sales of Pentium 4 processors and was responsible for just about all of Intel's growth during the quarter.

Otellini has headed up the Intel Architecture group since 1998.

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