Gelsinger rules out top Intel gig -

Kicking Pat Gelsinger has ruled out a return to his old haunts at Intel as its new CEO.

Now the top bod at VMWare, Gelsinger's name has been touted as a possible candidate to replace Paul Otellini, who retires in May.

Gelsinger is a 30-year Intel veteran who escaped and joined EMC in 2009. He was a deputy at EMC before he took the VMware CEO job.

So common was the rumour that he was a likely candidate, he was cornered by the Wall Street Journal's Don Clark when he formally announced VMware's expected moves into cloud computing.

Gelsinger said that he was "flattered" to be considered in the running such a great company as Intel.

However, he said he is happy with his job at VMware and wants to do it for years.

Named as potential CEOs are COO Brian Krzanich or Stacy Smith, Intel's CFO and top strategy exec.

Renee James is also in the running. She's executive vice president of Intel's software and services group, but is being seen as a long shot. The only reason is that Smith and James were promoted to cardinals in November which means that they could take a crack at Pope.

Chipzilla was first expected to hire an insider, but it now looks like the outfit is looking to headhunt a big name from outside. Gelsinger would have been best of both worlds.