nomination of Brian Krzanich

Intel Corp. has bet on a faithful employee as it announced that Brian Krzanich was named as chief executive officer. The choice was much predictable, yet analysts hoped for a professional out of the company who would bring fresh ideas and revolutionary changes to Intel which has been struggling due to a slump in demand for PCs. New Intel CEO Brian Krzanich is widely expected to introduce steps aimed at adjusting the company to growing popularity of mobile devices as this electronics segment has not been a main focus of the chipmaker .