Barrett to step down as Intel chairman

Barrett said he was fortunate to have been able to work side by side with industry legends Bob Noyce, Gordon Moore and Andy Grove. “Intel became the world’s largest and most successful semiconductor company in 1992 and has maintained that position ever since,” he said. “I’m extremely proud to have helped achieve that accomplishment and to have the honour of working with tens of thousands of Intel employees who every day put their talents to use to make Intel one of the premier technology companies in the world.” Independent director Jane Shaw has been elected to replace Barrett as non executive chairman.