The following three were promoted to the level of executive vice president in the same press release that announced Otellini's retirement, which was interpreted as indicating they were top contenders:
Brian Krzanich, chief operating officer and head of worldwide manufacturing. He is considered the obvious choice, based on Intel's history of COOs moving into the CEO spot. Plus, manufacturing has always been a top priority at Intel.
Stacy Smith, chief financial officer and director of corporate strategy. Like Otellini, Smith's background is business and not engineering, so if they are looking for an MBA type, Smith fits the bill.
Renée James, general manager of Intel's software and services group. She is also chairman of McAfee and Wind River Systems, software companies that Intel acquired and made into subsidiaries. In fact, software has become a huge business for Intel. Revenue from software and services jumped from $264 million in 2010 to more than $1.8 billion for Intel last year. James is also a key player in Intel's relationship with Microsoft.
The other two frequently mentioned internal candidates are:
David Perlmutter, executive vice president, general manager of the Intel Architecture Group, and chief product officer. He is responsible for all of Intel's platforms, including datacenters, desktops, laptops, handhelds, embedded devices, and consumer electronics. Of all the candidates, Perlmutter is the purest "semiconductor guy." He was general manager of the microprocessor division, then general manager of the Mobility Group, where he oversaw mobile microprocessor development, including the Centrino and, more recently, the low-power Atom.
Diane Bryant, vice president and general manager of Intel's sales in datacenters, cloud, and servers, called the Datacenter and Connected Systems Group. The group generated more than $10 billion in revenue in 2011. According to Bryant's bio on the Intel Website, "Intel now powers more than nine of every 10 servers sold worldwide." Previously, she served as Intel's CIO.
Could Intel become the first semiconductor company to smash the glass ceiling? It would be refreshing to see the old boy network of the chip industry shaken up by a woman CEO. In fact, such male-dominated networks may have outlived their usefulness. Now that IBM and HP—both major Intel customers—are headed by women, the time may be right for a female CEO at Intel.
Tam Harbert is a freelance journalist based in Washington, D.C. This article originally appeared on EBN, an EE Times sister site.
Unfortunately Renee realistically has little chance of getting named. The stock would drop immediately. Major institutional holders wouldn't support the move as she's just not ready. Stacey would clearly like the job - he's been very visible and is well likled but board already has deep financial content. Brian is the obvious internal choice for a reason.
Over the years, I have been trying to observe at what age the typical F500 CEO retires. 62 is right about average.
He's filthy stinking rich. Why wouldn't he want to step down from such a demanding job, spend more time with the grand-kids, and "earn" a few million a year by sitting on a few corporate boards?
One of these days the gender of a prospective Intel CEO (or the race of a president) won't be news. It would be nice if we could have this very same article, but rather than discussing which candidates are male or female, only discuss the major accomplishments the people have in their records.
Unfortunately, we as a society aren't there yet. Using Carly Fiorina or, any one person, as justification for perpetuating the discriminatory and condescending attitudes should not be considered a viable counter argument to qualifications-based hiring. As DataMuncher indicated, the litany of men who have been bad choices goes on and on. And, that's not because men are inherently bad choices either. It just means that hiring any sort of a human involves the potential risk of making a bad choice or the potential reward of making a good choice.
There is no reason that a competent woman could not be the next Intel CEO. It depends upon the definition of competent and the vision the board holds for the future of Intel. Until they decide what they want to be, they will have difficulty in getting the right person for the job.
I think they should just pick the best CEO for the job. I don't see what being a woman or a man has to do with it frankly, and putting a woman in the position of CEO to show that they are progressive would be super lame. Let's stop making this about gender, and start making it about talent for the actual job. Renee James just doesn't cut it.
@EREBUS11/13/2011 7:28 PM EST
I would not write the Intel obituary just yet. To parrot Mark Twain, "The death of the PC is highly exagerated." I know Apple would love to see the tablet dominate the world, but I have yet to see any applications that can replace either my desktop or my labtop for doing real work.
I have seen Intel jump back in the lead many times over the last forty years. I have yet to see anyone else come close to their level of quality and production.
hey ya all, here is link to my original post, exactly 1 year ago.
what a brilliant and unique prediction...
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