Executive Director of Intel withdraws his resignation.

The Executive Director and former head of Intel's Craig Barrett (Craig Barrett) will leave the company in May 2009, reports Reuters.
On the reasons for his departure are not known, however, as the agency recently in connection with the financial crisis profit Intel declined. At the end of the fourth quarter of fiscal 2008, revenue of the company fell by 90 percent (compared to the same period in 2007. - Notes. Lenta.ru). Yesterday the company also announced the upcoming restructuring, which involves the dismissal of employees and closing five plants.
After the departure of Barrett will be replaced by a member of its board of directors of Intel since 1993, Jane Shaw (Jane Shaw). According to the company's analyst Wedbush Morgan, staff changes would not affect the status of the company.
Craig Barrett worked at Intel for 35 years. From 1998 to 2005 he served as Director-General, which was forced to withdraw after reaching age 65, according to the rules of the corporation. Currently, Intel is headed by Paul Ottelini (Paul Otellini).
Company Intel is one of the two leading manufacturers of microprocessors in the world. At the end of the last financial quarter net profit corporation made up 234 million dollars, while the total net profit for the year 2008 - 5,3 billion dollars. At the close of stock markets on Friday 23 January, Intel share price 13.10 dollars.