Sean Maloney, the Intel (INTC) executive who came back from a massive stroke to head the company's China operation, plans to retire in January.
Maloney, whom I profiled last year in "The Man Who Couldn't Speak," continues his recovery from his 2010 stroke. I haven't reached him. (It was bedtime in China when Intel announced the news this morning). But a source at Intel tells me that several factors led to Maloney's decision to retire.
First, there is the crazy pace and constant travel that accompanies the job of running Intel's $8.1 billion business in China.
Beyond that, Maloney has successfully built a leadership team in China and expanded the business there.
Perhaps most important of all, Maloney--once considered No. 1 in line to succeed Intel CEO Paul Otellini--realized that key to his ongoing recovery is quality time with his family. Maloney has six children. He and his wife, Margaret, and their three young daughters moved from Palo Alto to Beijing last summer. The Maloneys now plan to return to Silicon Valley.
"The Man Who Couldn't Speak," about Intel executive Sean Maloney, is one of the most rewarding stories I've done in my 27 years at Fortune. I met an amazing man, got to know an extraordinary family, and came to understand the heroic feat of recovering from a stroke.
I didn't have enough space in the current issue to tell the full story of this man who had beaten the odds already MOREPatricia Sellers - Sep 26, 2011 1:55 PM ET
Sean Maloney was on his way to being the chipmaker's next CEO when a stroke crippled his body -- and took away his ability to talk. This is the story of how he returned to work (he's now head of Intel China) -- and found his voice again.
FORTUNE -- Sean Maloney grew up in gritty South East London, last in a line of six kids, and got kicked out of MOREPatricia Sellers - Sep 9, 2011 5:00 AM ET
"Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history."
-- Apple (AAPL) CEO Steve Jobs in a statement Wednesday. Despite a tough environment for tech, Apple reported first-quarter sales of $10.17 billion, up 6% from a year ago. Analysts were expecting sales of $9.74 billion. The stock jumped 6% on the news and surged another 9% in after-hours trading MOREJessica Shambora, Writer-Reporter - Jan 21, 2009 6:31 PM ET
How many public-company boards should a top exec at a Fortune 500 company join?
That's debatable, particularly in these tumultuous times. But I hardly expected a harsh retort from my colleague Adam Lashinsky after I touched on this topic in Postcards yesterday. I said that Sue Decker, Yahoo's (YHOO) outgoing president, has a "breadth of experience" and an "impressive resume" because she's on the boards of Berkshire Hathaway (BRK.B), Intel (INTC) and MOREPatricia Sellers - Jan 14, 2009 2:25 PM ET
By Jessica Shambora
Hewlett-Packard's (HPQ) rosy earnings preview relieved tech-watchers who are both reeling from Intel's (INTC) gloomy results and anxiously awaiting Dell's (DELL) third-quarter numbers tomorrow. More positive news from HP: the introduction of the TouchSmart tx2 Notebook.
The compact new computer, launching today and selling for $1,150 on amazon.com, is a bellwether of touch technology's penetration into our lives. "A year ago no one knew what this meant," HP's Phil MOREJessica Shambora, Writer-Reporter - Nov 19, 2008 3:53 PM ET
With Jerry Yang demoted at Yahoo (YHOO), who might be the struggling Internet giant's next CEO?
Former COO Dan Rosensweig and ex-AOL chief Jon Miller are known to be on the candidate list held by Heidrick & Struggles' uber-recruiters John Thompson and Gerry Roche. Also: Tim Armstrong, who oversees Google's (GOOG) North American and Latin American sales and operations, and Todd Bradley, EVP of Hewlett-Packard's (HWP) $28 billion Personal MOREPatricia Sellers - Nov 18, 2008 4:19 PM ET
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