Monday, September 27, 2004
Having reached age 65, Craig Barrett, chief executive officer of Intel Corp., is set to retire in May 2005, Barrett disclosed in an interview with the San Francisco Chronicle.
The interview spent some time looking at recent issues within Intel on product delays and missteps, which prompted Barrett to send an e-mail to all employees. Barrett was also asked about the significance of the Chinese market and as a source of competition, before going on to discuss outsourcing.
The newspaper also asked Barrett: "What advice would you give to your successor?"
"I will tell my successor: "Make sure you have a passion for the technology and the business, and make sure you try to translate that passion to your employees and the company as a whole."
Added Barrett: "People do a good job when they love what they do. They do a good job when they really enjoy and believe in what they do. So, I would make sure that my successor has those characteristics. I would also tell my successor that you make sure that you work hard and play hard. Balance your personal life with your professional life, but do both at 200 miles an hour," the report quoted Barrett as saying.
Paul Otellini, Intel's president and chief operating officer, is expected to replace Barrett.
By: DocMemory
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