Paul S. Otellini was the CEO of Intel Corporation from 2005 to 2013. He has a long history with Intel, starting his career there in 1974. As CEO, he focused on aligning executive pay to the company's performance, often preferring...
Paul S. Otellini was the CEO of Intel Corporation from 2005 to 2013. He has a long history with Intel, starting his career there in 1974. As CEO, he focused on aligning executive pay to the company's performance, often preferring cash bonuses over stock options. One notable year was 2009 when he received a bonus of over $5 million after Intel’s strong results. His total compensation peaked at about $12 million in 2008, reflecting his leadership during a critical period for the company. Otellini is known for maintaining a sizeable investment in Alphabet, Google's parent company, sometimes valued over $48 million. This connection to tech continued even after he retired. Otellini took on an advisory role, helping ease the transition to the next CEO. Notably, he received a reduced salary of $100,000 for his advisory services but was still granted equity awards later. His educational background includes an MBA from the University of California, Berkeley, which aligns with his extensive business experience. Otellini stepped back in 2013, but his impact on Intel and the tech industry continues to be felt.