Paul S. Otellini, Intel Corporation President and Chief Executive Officer, to Keynote Wharton MBA Program for Executives Commencement at Wharton I San Francisco

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Philadelphia, PA and San Francisco, CA — The Wharton School of the University of Pennsylvania has announced that Paul S. Otellini, president and chief executive officer, Intel Corporation will be the featured speaker at the School’s 2010 Wharton MBA Program for Executives in San Francisco commencement at Wharton | San Francisco. The ceremony will take place on May 2, 2010 at 3 p.m. in the Herbst Theatre of the San Francisco War Memorial & Performing Arts Center.

“We are pleased to have Mr. Otellini as our commencement speaker,” said Wharton Dean Thomas S. Robertson. “Our students in the Wharton | San Francisco program will benefit from his insights as a business leader and innovator.”

Mr. Otellini has been with Intel since 1974. He has managed several of the company’s businesses, including its PC and server microprocessor division and the global sales and marketing organization. In 2002, he was named a director and president, as well as chief operating officer.

As CEO since 2005, Mr. Otellini has focused on driving the company’s growth and mission to deliver innovative, energy-efficient products. Under his leadership, Intel is also committed to making portable wireless computing omnipresent while at the same time bringing the next billion people online with affordable computers tailored to their needs.

Mr. Otellini is a director of Google, Inc., and a member of the Executive Council of TechNet, a bipartisan, political network of CEOs and senior executives that promotes the growth of technology and the innovation economy.

Previous commencement speakers at Wharton | San Francisco have included Art Bilger, Ken Moelis, John M. Huntsman, Jr. and David Pottruck. Wharton established a campus on the West Coast due to the strong belief that West Coast business executives would be well served by the option to pursue a robust, full-curriculum Wharton MBA without the need to cross coasts. Since its founding, the School has graduated approximately 600 students from its Wharton MBA Program for Executives in San Francisco.

Information about the University of Pennsylvania’s 254th Commencement ceremony is available at www.upenn.edu/commencement.

About Paul S. Otellini, President and Chief Executive Officer, Intel Corporation

Paul S. Otellini is president and chief executive officer of Intel Corporation. He became the company’s fifth CEO on May 18, 2005, succeeding Craig R. Barrett. Otellini previously had served as Intel’s president and chief operating officer, positions he held since 2002, the same year he was elected to Intel’s board of directors. Otellini joined Intel in 1974. Otellini received a bachelor’s degree in economics from the University of San Francisco in 1972, and an MBA from the University of California, Berkeley in 1974.

Since joining Intel in 1974, Otellini has managed several Intel businesses, including the company’s PC and server microprocessor division and the global sales and marketing organization.

In 2002, Otellini was elected to Intel’s board of directors and promoted to president and chief operating officer. He was named CEO in May 2005.

Otellini received a bachelor’s degree in economics from the University of San Francisco in 1972, and an MBA from the University of California, Berkeley in 1974. Otellini serves on the board of directors of Google, Inc.

About Wharton | San Francisco and the Wharton School

Wharton MBA Program for Executives in San Francisco was one of the first programs launched at Wharton | San Francisco, the School’s campus in San Francisco. It offers the same MBA degree, rigorous curriculum, top Wharton faculty and high level of students as the traditional MBA program on Wharton’s main campus in Philadelphia. A residential program, students attend classes on alternate weekends and during two week-long sessions in the summer. Because Wharton students live and work together during focused on-site sessions, students have an opportunity to forge close connections with classmates as well as to foster teamwork skills. In addition, the integration of work and study provides a living laboratory for applying knowledge.

The Wharton School of the University of Pennsylvania — founded in 1881 as the first collegiate business school — is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The School has more than 4,900 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 annual participants in executive education programs; and an alumni network of 85,000 graduates.

For more information: www.wharton.upenn.edu

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