The company has enlisted executive search firm Spencer Stuart to help find a new chief and is evaluating candidates, said the people, who asked not to be identified because the deliberations are private. That includes looking well beyond Intel's walls for talent - a break with tradition.
This week's sudden ouster of CEO Pat Gelsinger set off an urgent search for new leadership at a time when the chip maker's fortunes are shaky and its bench has been depleted by years of management turnover. Gelsinger took the reins just three years ago, and since then has focused on a complex, expensive effort to turn the struggling company around.
That didn't give him time to resurrect one of Intel's other legacies - an executive training programme that once supplied leaders for the rest of the industry. For now, chief financial officer David Zinsner and executive vice president Michelle Johnston Holthaus are serving as interim co-CEOs.
Marvell shares slipped as much as 2.3 on Tuesday after it was reported that Murphy was under consideration. Intel fell more than 6 at the close in New York, continuing a retreat that began on Monday.
"It may be challenging to find a replacement with the right experience and background, with the capacity to manage a complex organisation such as Intel and able to effectively deal with the multitude of headwinds," KeyBanc Capital Markets analyst John Vinh wrote in a note on Monday.
