Intel chairman to retire in May

The chairman of Intel, Craig Barrett, has recently announced that he will be retiring from active management and his role as chairman of Intel, as well as retiring as a member of the board of directors, at a shareholders meeting this May. Craig Barrett had has worked at Intel for 35 years, for some of which he worked as the CEO.

Barrett worked in various areas, including bringing their technology and products into normally areas, such as health care, poorer economies and education. Barrett also worked alongside previous industry leaders, such as Gordon Moore and Robert Noyce.

"I"m extremely proud to have helped achieve that accomplishment and to have the honour of working with tens of thousands of Intel employees who every day put their talents to use to make Intel one of the premier technology companies in the world," said Barrett, also saying "I have every confidence that Intel will continue this leadership under the direction of Paul Otellini and his management team" – Paul Otelleni being the current CEO of Intel.

Craig Barrett joined Intel in 1974, becoming Intel"s fourth president. He worked and led many areas of the technology industry, both before and during his time at Intel, and, this May, at age 69, will be stepping down, when independent director Jane Shaw will take over.

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