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Telecomunicaciones y tecnología

Intel Chairman Barrett to retire in May


    SAN FRANCISCO (Reuters) - Intel Corp Chairman Craig Barrett will retire in May after 35 years with the company and be replaced by director Jane Shaw, the chip maker said on Friday.

    Barrett served as INTEL (INTC.NQ)s chief executive from 1998 through 2005 and became chairman in 2005. He joined the Santa Clara, California-based company in 1974 as a technology development manager.

    "Intel became the world's largest and most successful semiconductor company in 1992 and has maintained that position ever since," Barrett said in a statement.

    Otellini is the current CEO. Shaw joined the Intel board in 1993. She retired in 2005 as chairman and CEO of Aerogen Inc, which developed drug-device aerosol products.

    Shares of Intel rose 39 cents to $13.21 on Nasdaq early Friday afternoon.

    (Reporting by Gabriel Madway; editing by Richard Chang)