- Intel says the company generated more revenue during the eight years Otellini was CEO than in its 45 preceding years. In Otellini's last year as CEO, Intel had $53 billion in sales compared to $34 billion the last year before he took charge, according to the company.
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But Paul Otellini's Intel spent $19.5 billion on R&D during 2011 and 2012. That's $8 billion more than Google. And a substantial amount of Intel's innovation comes from its manufacturing...
Apr 20, 2011 · Intel has lifted its dividend 80% over that period, and gross margin has expanded by nearly 14 percentage points to an impressive 65%. And yet during Otellini’s tenure the stock is down 19%.
Otellini was appointed an operating group vice president in 1988, elected as an Intel corporate officer in 1991, made senior vice president in 1993, and promoted to executive vice president in 1996. In 2002, he was elected to the board of directors and became president and Chief Operating Officer at the company. [7]
- American
- St. Ignatius College Preparatory
- University of San Francisco, University of California, Berkeley
- Ex-President & Ex-CEO of Intel
May 20, 2013 · According to Otellini, it was the result of Intel's inertia: It took a while to move the machine. Madrigal backfills this uneasy explanation with equal unease: "The problem, really, was that...
Nov 20, 2012 · So, why exactly did Paul Otellini decide to retire as Intel CEO at age 62, with years to go before reaching the company's mandatory retirement age of 65? The Street has a few theories, not the...
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