Craig Barrett will retire from Intel’s board in May, ceding his position as chairman to longtime director Jane Shaw.
Craig Barrett led Intel through the dot-com downturn
Barrett, 69, rose through the manufacturing ranks at the world’s largest chip maker to become CEO in 1998. From the top office, he directed the company through the devastating dot-com downturn, employing the same invest-in-manufacturing strategy current CEO Paul Otellini is using today.
During a 35-year career at Intel, Barrett worked alongside Andy Grove and co-founder Bob Noyce, bringing to the company the expertise he developed as an associate professor in the material sciences and engineering department at Stanford University.
Since he left the CEO role in 2005, he has been focused on policy and strategic issues.
He helped institute a practice at Intel called “copy exactly,” where proven manufacturing procedures are replicated factory to factory to assure consistent plant performance.
