Otellini said the decision to resign was a surprise to Intel Chairman Andy Bryant . Although the issue of Otellini intent to retire raised earlier conversations relate to the more distant future. Bryant hoped that he would have more time to prepare for the replacement of CEO.
In many ways, Otellini decision to leave associated with a desire to pass the reins to a new generation that will be able to effectively realize the desire of the company to gain a foothold in the segment of tablets and smartphones. Bryant himself confident that Intel can stay ahead of competition due to their technological processes, he has been with the company 31 years and is not going away anytime soon. Note that Intel's stock price is currently recovering after news of the impending Otellini departure .