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Paul Otellini, a 30-year Intel Corp. veteran who oversaw the launch of the Pentium processor in the 1990s, will replace chief executive Craig Barrett when he steps aside to become chairman next May. Otellini has been considered Barrett's likely successor since he was appointed president and chief operating officer in 2002 - the same positions Barrett held prior to his promotion in 1998, when then-CEO Andy Grove stepped aside. Grove, who has served as chairman since 1998, will leave the board to become a senior adviser to the board and management. Barrett will then become chairman, following the same path as Grove and, before him, company co-founder Gordon Moore…

Avanex Corporation has named Syrus Madavi as Chairman of the Board of Directors, effective November 22, 2004. Madavi succeeds Walter Alessandrini, who is retiring from an active role with Avanex. Madavi has more than 20 years' experience in senior executive positions within electronics and optical communications industries. His career includes service as President and Chief Operating Officer of JDS Uniphase and as a member of its Board of Directors; Senior Vice President of the high performance analog business sector at Texas Instruments; Chairman, President and CEO of Burr-Brown Corporation; President of Raytheon Semiconductor; Vice President of Honeywell Signal Processing Technologies; and Executive Chairman of ON Semiconductor. He joined the Avanex Board in November 2003…

Asia Pacific Wire & Cable Corporation Limited has announced five executive appointments following its recent management meeting. Tony Yuan was named appointed Chairman, replacing Charles Han; Wellen Sham was appointed Chief Planning Officer and Acting Chief Financial Officer, replacing Aaron Chik who had held that position; Chik was appointed Assistant to CEO; and Han was re-appointed as Chief Operating Officer. Asia Pacific Wire & Cable Corporation is a manufacturer of wire and cable products for the telecommunications and power industries in selected markets in the Asia Pacific Region; and…

Hana Biosciences Inc., a biopharmaceutical company headquartered in South San Francisco, California, has named Russell Skibsted as its new Vice President and Chief Financial Officer. Skibsted most recently served as chief financial officer and portfolio management partner of Asset Management Company, one of Silicon Valley's oldest venture capital firms. Previously, he was vice president of GE Capital Services' Structured Finance Group, and director of corporate development for Pinkerton's, Inc. Skibsted earned an MBA from the Stanford Graduate School of Business and a BA in economics from Claremont McKenna College.

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