Intel: henceforth Brian Krzanich as CEO and Renée James Elected President.

It is now official, Intel Corporation announced today that the board of directors has unanimously elected Brian Krzanich as its next chief executive officer (CEO), succeeding Paul Otellini.

 Regarding the story side, Krzanich, Intel’s chief operating officer since January 2012, will become the sixth CEO in Intel’s history. Otellini will step down as CEO and from the board of directors on May 16.

 “We have amazing assets, tremendous talent, and an unmatched legacy of

innovation and execution. I look forward to working with our leadership team and employees worldwide to continue our proud legacy, while moving even faster into ultra-mobility, to lead Intel into the next era.” said Krzanich.

 The board of directors elected Renée James, 48, to be president of Intel. She will also assume her new role on May 16.

 Krzanich will lead an organization of more than 50,000 employees spanning Intel’s Technology and Manufacturing Group, Intel Custom Foundry, NAND Solutions group, Human Resources, Information Technology and Intel’s China strategy.

 Regarding James, 48, we learned that he has broad knowledge of the computing industry, spanning hardware, security, software and services, which she developed through leadership positions at Intel and as chairman of Intel’s software subsidiaries: Havok, McAfee and Wind River. ‘’She also currently serves on the board of directors of Vodafone Group Plc and VMware Inc. and was chief of staff for former Intel CEO Andy Grove.’’

For additional career background on both executives click here!