Intel's Barrett to retire in May
CRAIG BARRETT, Intel's Chairman and erstwhile CEO, will retire from his current position and his role on the Intel board this coming May.
Barrett, who joined the chip firm as an engineer in 1974 and was the first non-founder CEO, has announced he will leave the firm in early May, after the annual shareholder meeting. In a surprise move, Intel will name independent director Jane Shaw as non-executive chairwoman, marking the first time for the firm to appoint someone to the position from outside the executive ranks.
While serving as Chief Executive between 1998 and 2005, Barrett famously used his position to both standardise and thoroughly overhaul Chipzilla's manufacturing plants.
