Sean Maloney, widely tipped to succeed Paul Otellini as president and CEO of Intel, has suffered a stroke at his home and will take a leave of absence of several months from the chip giant.
The 53-year-old Maloney currently shares the position of executive vice-president and GM, Intel Architecture Group with Dadi Perlmutter. Perlmutter, the company says, will assume Maloney's duties during his recuperation.
Intel adds in its statement that the prognosis for Maloney's full recovery is excellent and that he is expected to resume all of his business responsibilities after his leave of absence.
"I visited with Sean and his sense of humor and determination to return to work fill the room" Otellini says. "We wish him a speedy recovery and look forward to his return."