Intel Corp. has announced a shift in management responsibilities that includes Andrew Grove becoming chairman of the board and the chief operating officer taking his place as president.
Effective May 21, Craig Barrett will change from executive vice president to president; Grove will replace Gordon Moore as chairman and Moore will become chairman emeritus.
Intel says the moves are part of an "ongoing management transition process at Intel" and an analyst says the moves will not make a significant difference in how the company operates.
"It's more of a firming up of a succession plan and of course taking into account Grove's health problems [with prostate cancer] and the potential that someone may have to take over," says Linley Gwennap, editor at the Microprocessor Report based in Sebastopol, California.
"Barrett has been very instrumental in managing the operations of the company for the past few years, and by all accounts has been doing a very good job," Gwennap says. "Grove is more of a visionary and will continue to do that job. It's yet to be seen whether Barrett can provide the vision and inspirational leadership that Andy has."
Grove, 60, heaped praise on Barrett, 57, in a prepared statement announcing the changes.
"Craig is the guy who keeps the Intel machine running," he said of his predecessor. "He is the architect of our manufacturing system and the principal driver behind our management methods and culture. In recent years I have shifted my activities to more of an industry focus; without Craig in place, this wouldn't have been possible."
Barrett received undergraduate and doctoral degrees in material science at Stanford University and was a faculty member there before joining Intel in 1974 as technology development manager. He has been chief operating officer for four years.
Intel, based in Santa Clara, California, can be reached at Web at http://www.intel.com/.