Intel's board of directors named Brian Krzanich as its next chief executive officer (CEO), succeeding Paul Otellini who steps down later this month.
Krzanich has served as Intel's chief operating officer since January 2012 and has been with the company since 1982.
The board of directors also named Renée James to be president of Intel. She has served as chairman of Intel's software subsidiaries -- Havok, McAfee and Wind River -- and also currently serves on the board of directors of Vodafone Group and VMware. Previously, she was chief of staff for former Intel CEO Andy Grove.
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