Intel CEO Paul Otellini plans to retire from the world’s largest maker of
microprocessors in May. Intel’s board had expected the 62-yearold Otellini to remain chief executive until the company’s customary retirement age of 65. He will be ending a nearly 40-year career with Intel, including an eight-year stint as CEO. He joined the Santa Clara, Calif. company after graduating from the nearby University of California at Berkeley. Intel’s board plans to consider candidates inside and outside the company as it searches for a successor. Otellini will be involved in the search.