Grove To Leave Intel Board

ByJohn S. McClenahen A legend is leaving. Intel Corp. announced Nov. 11 that Andrew S. Grove will leave its board on May 18, 2005, as part of a change in senior management at the Santa Clara, Calif.-based chip maker. Succeeding Grove as chairman of the board will be Craig R. Barrett, currently Intel's CEO. Succeeding Barrett as CEO will be Paul S. Otellini, now Intel's president and COO. Grove, however, will remain associated with Intel, assuming the role of "senior advisor" to the board and senior management, the company said in a statement.