Also appointed Renée James as president
Intel has appointed 30-year veteran Brian Krzanich as its new chief executive officer (CEO), succeeding Paul Otellini, with effect from 16 May 2013.
The move, which makes Krzanich the sixth person to lead Intel in its 45-year history to navigate the company in the post PC era which is now dominated by smartphones and tablets.
Intel chairman Andy Bryant said: "After a thorough and deliberate selection process, the board of directors is delighted that Krzanich will lead Intel as we define and invent the next generation of technology that will shape the future of computing."
Brian Krzanich said, "I look forward to working with our leadership team and employees worldwide to continue our proud legacy, while moving even faster into ultra-mobility, to lead Intel into the next era,"
As Intel's chief operating officer, Krzanich will lead an organisation of 50,000 employees spanning the company's Technology and Manufacturing Group, Intel Custom Foundry, NAND Solutions group, Human Resources, Information Technology and China strategy.
Additionally, Intel appointed Renée James as president and she will assume the new role from 16 May.
Prior to the current position, James served as chairman of Intel's software subsidiaries, including Havok, McAfee and Wind River, while she currently serves on the board of directors of Vodafone Group and VMware and had been chief of staff for Ex-Intel CEO Andy Grove.