Former Intel CEO Craig Barrett Retires
May 20, 2009 by Stephen Kersey
Filed under Finance
On Wednesday, Craig Barrett will retire from Intel, the semiconductor giant. Barrett is regarded by many as one of the most influential CEOs in the recent history of the United States, especially in the technological fields.
Today, Intel is known for their microprocessors, however it wasn’t always that way. Not too long ago, Intel trailed far behind competitors. But thanks to Barrett’s work while at Intel, the company dominates the microprocessor industry around the globe.
Said Barrett: “Intel became the world’s largest and most successful semiconductor company in 1992 and has maintained that position ever since. I’m extremely proud to have helped achieve that accomplishment and to have the honor of working with tens of thousands of Intel employees who every day put their talents to use to make Intel one of the premier technology companies in the world.”
Barrett, who joined the company in 1974, became the CEO of Intel in 1998 and held that position until 2005. Currently, Paul Otellini is Intel’s CEO.
“I have every confidence that Intel will continue this leadership under the direction of Paul Otellini and his management team,” said Barrett.
Craig Barrett (Image: Flickr)
