After
receiving his MBA, Paul
joined Intel. He has managed a number of the company’s businesses such as the
PC and server microprocessor division and the global sales and marketing
organization. A major promotion came in 2002 when Paul was elected to Intel’s
board of directors and became the president and chief operating officer. He
became the CEO in May 2005.
Paul
was a departure from the norm since he was not a formally trained engineer. Among
his achievements was his role in convincing Apple Inc. in the Apple-Intel
transition. Paul’s pay may be good but
being CEO is a tough job. He oversaw the largest layoff in Intel’s history when
10,500 employees were laid-off in 2006. This was part of the effort to save $3
billion a year in cost by 2008.
Paul
retired in May 2013 having been part of achieving times as well as painful
adjustments.
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