Craig Barrett to retire from Intel
updated 02:05 pm EST, Fri January 23, 2009
Barrett Retires from Intel
Intel today said that company board chairman and former leader Craig Barrett will retire from the chipmaking firm at the company's next yearly shareholders meeting in May. The executive doesn't provide a reason for the exit but has been at Intel for about 35 years and was its chief executive between 1998 and 2005, guiding the company through the Pentium III and IV eras as well as its first mobile-specific processor, the Pentium M.
Existing board member Jane Shaw is set to take over from Barrett as chairman of the board in the spring but won't take on any additional roles at the company as part of the shift.
Barrett's successor in the CEO position, Paul Otellini, is mostly credited with the current move towards mobile processors at Intel and has overseen the initial stages of rolling out the Atom Core architectures as well as this past fall's launch of i7.
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Joined: Jul 2003
Um, no he wasn't
He wasn't the CEO from 1997-2005. Andy Grove was Chairman and CEO in 1997 while Barrett was President. Then Barrett became CEO in 1998. He didn't become Chairman until 2005 when Andy Grove stepped down and Paul Otellini took over as CEO.