Newswise — Paul S. Otellini, President and Chief Executive Officer of Intel Corporation, has accepted the invitation of the Task Force on American Innovation to serve as its new chair. The task force, an alliance of America's most innovative companies, leading research universities, and major scientific societies, was founded in 2004 to advocate stronger, sustained federal investment in basic research in the physical sciences and engineering. The American Physical Society is a founding member of the task force.

As chair of the group, Otellini will visit Washington periodically to participate in events and meet with Members of Congress, administration officials, and others to highlight the importance of federal funding of basic research as well as STEM (science, technology, engineering, and mathematics) education. Intel is an active member of the task force, along with a number of other high-tech firms.

“Paul Otellini understands that strengthening our national commitment to basic research in the physical sciences is indispensable to the advances we need to keep the United States the unquestioned global leader in technology,” said Robert Birgeneau, Chancellor of the University of California, Berkeley. “Intel has provided leadership on this issue for a number of years, and the research university community appreciates that Mr. Otellini is going to continue that leadership by chairing the Task Force on American Innovation.”

Otellini became Intel’s fifth CEO on May 18, 2005, succeeding Craig R. Barrett. Otellini previously had served as Intel's president and chief operating officer, positions he held since 2002, the same year he was elected to Intel's board of directors. Otellini joined Intel in 1974. He received a bachelor's degree in economics from the University of San Francisco in 1972 and an MBA from the University of California, Berkeley in 1974.

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