Obama to name Intel CEO to White House jobs panel

Intel Corp Chief Executive Paul Otellini will be named to a panel of experts advising President Barack Obama on jobs, the White House said on Friday.

Otellini will join the President’s Council on Jobs and Competitiveness, created in January to focus on lifting hiring and promoting growth.

General Electric Co Chief Executive Jeffrey Immelt was named last month to lead the new outside board advising the White House on economic policy. Other members of the Council will be named in the coming weeks, the White House said.

The Immelt-led board replaces an economic recovery advisory panel Obama named in 2009 to help guide his efforts to rescue the economy and rebuild the shattered U.S. financial system.

Obama, on a two-day West Coast visit, will tour Intel’s Hillsboro, Oregon, facility with Otellini on Friday, the White House said.

Obama met with Apple Inc Chief Executive Steve Jobs and other technology industry leaders in Northern California on Thursday as part of a campaign to promote technological innovation as a means of boosting the struggling economy and reducing the 9 percent unemployment rate.

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