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Intel appoints Lip-Bu Tan as its CEO

reuters.com

41–50 of 154 posts

Re: Intel appoints Lip-Bu Tan as its CEO

#41
post #22

He's supposedly quite low level, savvy about Platform Development Kits (PDK). Worked at Cadence, so he knows a lot about relating to other people making chips, selling IP, working with EDA tools. A lot of potential here! The disagreement with the board was supposedly related more to elements of the board trying to parts up and sell off bits of Intel. Harder to report that directly. Good for him, food sign if true. To…

> That's what I'm trying to understand. His educational background was in Physics/Nuclear Engineering so he's obviously a smart guy, and he was CEO/Chairman of Cadence for 15 years, but other than that his 40+ year career has most been in VC and being on the boards of an incredibly large number of companies. He is no Pat. He is no Andy. He is a business guy with some hard science behind (not electronics per se). It d…

> It doesn't feel right.

Who would you have as CEO?

Re: Intel appoints Lip-Bu Tan as its CEO

#42
post #39
post #13

Earlier quoted context omitted.

The current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well.

> The current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well. Turning a ship the size of Intel is a super power in it's own right. Especially one with such a large entrenched bureaucracy as Intel has. Politics aside for a moment - we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE - the main difference is the fight is in full public view instead o…

"we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE"

DOGE is just Musk bribing Trump into letting him settle scores and shut down agencies that are investigating him or that he doesn't like. Finding and eliminating "inefficiency" is just another one of Musk's myriad lies. I'm shocked at how many people still consider him to have any credibility at all.

Re: Intel appoints Lip-Bu Tan as its CEO

#43
post #39

Earlier quoted context omitted.

> The current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well. Turning a ship the size of Intel is a super power in it's own right. Especially one with such a large entrenched bureaucracy as Intel has. Politics aside for a moment - we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE - the main difference is the fight is in full public view instead o…

"we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE" DOGE is just Musk bribing Trump into letting him settle scores and shut down agencies that are investigating him or that he doesn't like. Finding and eliminating "inefficiency" is just another one of Musk's myriad lies. I'm shocked at how many people still consider him to have any credibility at all.

[flagged]

Re: Intel appoints Lip-Bu Tan as its CEO

#44
post #41
post #22

Earlier quoted context omitted.

> That's what I'm trying to understand. His educational background was in Physics/Nuclear Engineering so he's obviously a smart guy, and he was CEO/Chairman of Cadence for 15 years, but other than that his 40+ year career has most been in VC and being on the boards of an incredibly large number of companies. He is no Pat. He is no Andy. He is a business guy with some hard science behind (not electronics per se). It d…

> It doesn't feel right. Who would you have as CEO?

Gelsinger. Should've kept Pat and gotten rid of (at least some of) the board.

Re: Intel appoints Lip-Bu Tan as its CEO

#45
post #39

Earlier quoted context omitted.

> The current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well. Turning a ship the size of Intel is a super power in it's own right. Especially one with such a large entrenched bureaucracy as Intel has. Politics aside for a moment - we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE - the main difference is the fight is in full public view instead o…

"we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE" DOGE is just Musk bribing Trump into letting him settle scores and shut down agencies that are investigating him or that he doesn't like. Finding and eliminating "inefficiency" is just another one of Musk's myriad lies. I'm shocked at how many people still consider him to have any credibility at all.

[deleted]

Re: Intel appoints Lip-Bu Tan as its CEO

#46
post #22

He's supposedly quite low level, savvy about Platform Development Kits (PDK). Worked at Cadence, so he knows a lot about relating to other people making chips, selling IP, working with EDA tools. A lot of potential here! The disagreement with the board was supposedly related more to elements of the board trying to parts up and sell off bits of Intel. Harder to report that directly. Good for him, food sign if true. To…

> That's what I'm trying to understand. His educational background was in Physics/Nuclear Engineering so he's obviously a smart guy, and he was CEO/Chairman of Cadence for 15 years, but other than that his 40+ year career has most been in VC and being on the boards of an incredibly large number of companies. He is no Pat. He is no Andy. He is a business guy with some hard science behind (not electronics per se). It d…

Anyone that's successfully been running hardware companies would be where I'd start. Offer the best of them much more money than they're currently making. Actually, hire a dream team of them. Turning Intel around would be worth paying a high price.

Re: Intel appoints Lip-Bu Tan as its CEO

#47
post #22

He's supposedly quite low level, savvy about Platform Development Kits (PDK). Worked at Cadence, so he knows a lot about relating to other people making chips, selling IP, working with EDA tools. A lot of potential here! The disagreement with the board was supposedly related more to elements of the board trying to parts up and sell off bits of Intel. Harder to report that directly. Good for him, food sign if true. To…

> That's what I'm trying to understand. His educational background was in Physics/Nuclear Engineering so he's obviously a smart guy, and he was CEO/Chairman of Cadence for 15 years, but other than that his 40+ year career has most been in VC and being on the boards of an incredibly large number of companies. He is no Pat. He is no Andy. He is a business guy with some hard science behind (not electronics per se). It d…

>He is a business guy with some hard science behind (not electronics per se). It doesn't feel right.

I think you need to look up Cadence and look into how the fabless industry works. Picking him means Intel is possibly about to spin off or spin out the Chip division and only focus on Fabless.

Re: Intel appoints Lip-Bu Tan as its CEO

#48

Earlier quoted context omitted.

"we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE" DOGE is just Musk bribing Trump into letting him settle scores and shut down agencies that are investigating him or that he doesn't like. Finding and eliminating "inefficiency" is just another one of Musk's myriad lies. I'm shocked at how many people still consider him to have any credibility at all.

[flagged]

Why is that?

Re: Intel appoints Lip-Bu Tan as its CEO

#49
post #28

Earlier quoted context omitted.

> If he wants to succeed, he will need to reconsistute the board. Intel is a publicly listed company.

Yes, and I'm sure all those public shareholders are mighty unhappy with the current board's stewardship.

Unfortunately, index funds and mutual funds own about 68% of the Intel, with Vanguard retirement funds being the biggest. These passive custodian investor companies just vote along with the board's recommendation rather than making opinionated or activist decisions.

Re: Intel appoints Lip-Bu Tan as its CEO

#50

Lip-Bu Tan was previously on the board but left after disagreements: > Over time, Tan grew frustrated by the company’s large workforce, its approach to contract manufacturing and Intel’s risk-averse and bureaucratic culture, according to the sources, who were not authorized to speak publicly. https://www.reuters.com/technology/intel-board-member-quit-a...

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