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Intel's Barrett to bow out as tech crisis simmers
Intel Corp Chairman Craig Barrett, the courtly former academic credited with building the company into the world's foremost chip maker, will retire in May after 35 years at the company. Barrett, who turned Intel into one of the technology sector's powerhouses and a global household name, is leaving just when the company is slashing jobs, mothballing factories and struggling to sustain growth with IT spending crumbling.
Barrett joined the Santa Clara, California-based company in 1974 as a technology development manager. A former Stanford University professor, Barrett was known for formulating Intel's "copy exactly" strategy, meaning every chip-making plant was the mirror image of every other one. Intel would not say what Barrett planned to do upon retirement, but the executive is involved in international educational projects and chairs the U.N. Global Alliance for Information and Communications Technology and Development.
Posted by | Mon, Jan 26, 2009 - 08:59 AM
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