<http://schema.org/articleBody>
"Intel's chief is riding over the Ivy Bridge into the sunset.\nPaul Otellini, who has served as company CEO since 2005, will step down after Intel's annual stockholder's meeting in May.\nOtellini, 62, has been with Intel for his entire career. He joined the company in 1974 fresh from getting his MBA from Berkeley. Before becoming CEO, Otellini was the chief operating officer, and before that he had various executive positions with Intel's main microprocessor divisions, and he led the introduction of the Pentium processor in the early '90s.\nAs CEO, Otellini strengthened the company's relationship with Apple, which announced its transition to Intel-powered desktops and laptops in 2005. Intel also worked closely with Apple to develop processing technology specifically for the lower-power needs of the MacBook Air. That development eventually led to Ultrabooks, an Intel-trademarked term that denotes a new class of slimmer laptops powered by Intel Core processors.\n\nSEE ALSO: 7 Reasons Intel Could Be the Next BlackBerryOtellini also successfully warded off market encroachments from chip rival AMD. While Intel technology is everywhere in PCs today, AMD chips are only carried by a few value brands, and the company's future has been called into question.\nHowever, under Otellini, Intel hasn't made much progress in mobile. Although Intel makes mobile processors under the Atom brand, they're only in a few phones today \u2014 mainly overseas models. In Walter Isaacson's biography, Steve Jobs said Apple explored the possibility of using an Intel chip in the original iPad, but the power demands were too great.\nOtellini will retire as both a company officer and director. Intel's board is seeking his successor now. Intel says it will look both internally and externally for candidates. Intel stock was down slightly as trading opened today, while AMD's was up.\nAre you happy or sad to see Otellini go? And who should be Intel's next CEO? Share your reaction in the comments.\nImage via Justin Sullivan/Getty Images News/Getty Images."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2012/11/19/intel-otellini/?WT.mc_id=en_intel>