Intel Said to Hire Spencer Stuart to Seek Otellini Successor
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Intel Corp. hired Spencer Stuart & Associates Ltd. to help find its next chief executive officer, people with knowledge of the matter said, a sign that the chipmaker is seriously considering external candidates.
Potential internal successors to CEO Paul Otellini, who will retire in May, include Chief Operating Officer Brian Krzanich, Chief Financial Officer Stacy Smith and software head Renee James, according to two other people, who asked not to be named because the search is private. Intel, founded in 1968, has never filled its top post with an executive from outside.