Agence France-PresseMay 2, 2013 11:15
Silicon Valley giant Intel Corp. named Brian Krzanich as its new chief executive officer Thursday to succeed Paul Otellini.
Krzanich, who has been chief operating officer since January 2012, will assume the role at the company's annual stockholders' meeting May 16.
The move comes with Intel, the world's biggest maker of chips for personal computers, struggling to keep up with a shift to mobile devices such as tablets.
Intel's big push for "ultrabooks," the thin PCs that are competing with tablets, has been a major disappointment.