Intel Corp. said Monday that its board — headed by longtime Oregon executive Andy Bryant — will look at company executives as well as external candidates to replace Otellini. He has been head of the world's largest chip-maker for eight years. "After almost four decades with the company and eight years as CEO, it's time to move on and transfer Intel's helm to a new generation of leadership," Otellini said in a written statement. "I look forward to working with Andy, the board and the management team during the six-month transition period, and to being available as an advisor to management after retiring as CEO."