Intel Announces Management Changes

Subject: General Tech | July 20, 2006 - 01:50 PM |
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SANTA CLARA, Calif., July 20, 2006 —
Intel Corporation today announced that it is making a number of senior
management changes
focused on improving the company's structure and
achieving faster and better decision making. The company also announced
that two senior executives will be retiring.


"As part of the thorough analysis of
Intel begun in April, we have examined the focus and structure of our
top management level, including our use of 'two-in-a-box' co-managers,"
said Intel President and CEO Paul Otellini. "The moves announced today
will help us speed decision making and bring new resources to bear in
critical areas, while allowing me to spend more time on key strategic
issues."

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