Intel CEO Paul Otellini will retire as an officer and director of the company in May, ending a four-decade career with the company.
Intel on Wednesday reported profit and revenue gains for the third quarter of fiscal 2011 on strong PC and server chip sales, overcoming a drop in Atom tablet and netbook chip sales.
Intel CEO Paul Otellini saw his pay package jump in fiscal 2009 by 17 percent, which included performance-linked awards for guiding the company out of the recession, as a pay freeze for all employees was lifted, the company said.
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