Paul Otellini facts for kids
Quick facts for kids
Paul Otellini
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Otellini in 2010
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| Born | October 12, 1950 San Francisco, California, U.S.
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| Died | October 2, 2017 (aged 66) Kenwood, California, U.S.
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| Nationality | American |
| Education | St. Ignatius College Preparatory |
| Alma mater | University of San Francisco University of California, Berkeley |
| Occupation | Ex-President & Ex-CEO of Intel |
| Board member of | |
Paul Stevens Otellini (born October 12, 1950 – died October 2, 2017) was an American businessman. He was best known for being the president and CEO of Intel, a very important technology company. He also served on the board of directors for Google.
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Paul Otellini's Early Life and School
Paul S. Otellini grew up in San Francisco, California, in the United States. His family came from Italy. He went to St. Ignatius College Preparatory for high school.
After high school, he studied economics at the University of San Francisco. He earned his bachelor's degree there in 1972. Later, in 1974, he got his MBA from the Haas School of Business at the University of California, Berkeley. An MBA is a special degree for people who want to work in business management.
Paul Otellini's Career at Intel
Paul Otellini started working at Intel in 1974. Intel is a company famous for making computer microprocessors and other parts.
Leading Intel's Computer Parts
From 1998 to 2002, Paul Otellini was an executive vice president and general manager. He was in charge of the Intel Architecture Group. This meant he was responsible for Intel's main products like microprocessors and chipsets. These parts are like the "brains" of computers, used in desktops, laptops, and larger computer systems.
Before that, he held other important roles. From 1996 to 1998, he was in charge of sales and marketing. He also led the team that introduced the Pentium microprocessor in 1993. The Pentium was a very popular computer chip. He also managed Intel's business with IBM.
Becoming a Leader at Intel
Paul Otellini quickly moved up the ranks at Intel. He became an operating group vice president in 1988. In 1991, he was elected as an Intel corporate officer. He became a senior vice president in 1993 and an executive vice president in 1996.
In 2002, he joined Intel's board of directors. He also became the president and Chief Operating Officer (COO) of the company. The COO helps manage the day-to-day operations of a company.
Paul Otellini as CEO of Intel
On May 18, 2005, Paul Otellini became the new CEO of Intel. He took over from Craig Barrett. This was a big deal because most previous Intel CEOs were engineers. Paul Otellini had a business background instead.
He played a key role in convincing Apple Inc. to start using Intel processors in their Mac computers. This was a major change for Apple. He also liked Mac OS X, Apple's operating system. He once said that Microsoft's Windows Vista was "closer to the Mac" in its design.
In 2006, Intel made some big changes to save money. Paul Otellini oversaw a plan to reduce costs by $3 billion per year by 2008. This included letting go of about 10,500 employees, which was about 10% of Intel's workforce at the time. These job cuts happened in manufacturing and product design.
In 2007, he announced plans for Intel to build a large $3 billion factory in Dalian, China. This factory would make semiconductor chips.
Paul Otellini announced his plan to retire in November 2012. He officially retired in May 2013. After he left, Brian Krzanich became the new CEO of Intel.
Paul Otellini's Personal Life
Paul Otellini was a member of a business club called Delta Sigma Pi when he was at the University of San Francisco.
He passed away in his sleep on October 2, 2017, at his home in California. He was survived by his wife, Sandy, and his two children, Patrick and Alexis.
His brother, Reverend Msgr. Steven Otellini, is a Roman Catholic priest. He serves in the Roman Catholic Archdiocese of San Francisco.
See also
In Spanish: Paul Otellini para niños
