Intel has just announced that CEO Paul Otellini will be stepping down in May of 2013. The long time executive will be retiring from the company and industry that he has dedicated the last 40 years of his life to, leaving behind a legacy that has seen Intel's dominance in the x86 field grow to almost unapproachable levels. As the fifth chief executive in the company's history he's overseen not only the processor reboot that followed the inefficient Pentium 4, but also played a roll in Apple's famous transition from PowerPC to Intel. Otellini and the board of directors will work together over the next six months to ensure a seamless transition of power, however a successor has yet to be chosen.
[Source: Engadget]