Breaking News
Blog

Intel paid Paul Otellini $19 million in 2012

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
Page 1 / 2   >   >>
daleste
User Rank
CEO
re: Intel paid Paul Otellini $19 million in 2012
daleste   4/14/2013 5:08:55 PM
NO RATINGS
I don't have a problem with CEOs being paid well. I do have a problem with them getting millions of $ when they get fired. Since the stock price dropped over the year, his stock options weren't worth as much, but when you don't pay for the stock to begin with, you still walk away with a lot of money.

WW Thinker
User Rank
Rookie
re: Intel paid Paul Otellini $19 million in 2012
WW Thinker   4/11/2013 6:08:54 AM
NO RATINGS
No, you are absolutely dead wrong. Your logic is fundamentally fraud. If money becomes the key mechanism to keep a talent people, a business establishment can easily beat the competition by letting them to spend all the money to feed the "fat captain" to steer a ship with rank & file bearing no royalty and their own mindset that are not aligned to those of the fat captain! Remember, while a ship needs someone to steer, it cannot move without the hundreds and thousands of rank & file to physically move the paddles in the same direction. The most important assets of a company is not the CEO, but the rank & file who are dedicated and equally committed to paddle in the same direction! Look at USA of today, there is no longer the amount of fundamental research which gave us the internet of today. Instead, a lot of money go to the CEOs and VPs, the R&D Dept of most companies in USA are left with crumbs. HP is a perfect example. HP Way had been turned into the Board Way or the CEO Way. Pretty much every rank & file is disposable. Worst still, many didn't get any pay rise for the past many years! If thinkings like yours do not got thrown out sooner, USA will risk being at the bottom of the global ranking by the end of this millennium.

US Made
User Rank
Rookie
re: Intel paid Paul Otellini $19 million in 2012
US Made   4/8/2013 9:40:22 PM
NO RATINGS
No complains. We spend significant time on IMBO and R&R. who cares if we are loosing market share. We have a good process to get there. More over we had many many meetings to comeup with stratergies to get into cellphone markets...stay tuneed for another spin beyond FINFET.

chipmonk0
User Rank
CEO
re: Intel paid Paul Otellini $19 million in 2012
chipmonk0   4/8/2013 6:18:36 PM
NO RATINGS
It was a BIG mistake to have hired a non Engineer as the CEO of Intel, he could neither anticipate market shifts nor re-direct Intel to take advantage of. No doubt he was able to maintain Intel x86 sales during the Great Recession using various business tactics ( and pretty much drove AMD out of the game ) but failed to switch Intel to the faster growing Mobile business. Not having the Tech cred. himself he kept following the path set by his Engineer predecessors at Intel, i,e. keep pushing on new Transistor technologies and ever bigger Fabs that was no longer relevant but did nothing on developing new chip designs that can win against ARM. The next CEO at Intel should be able to quickly marshal Intel's process technology lead ( TSMC closing in ) into new architectures that can outdo ARM yet still run x86 software.

selinz
User Rank
CEO
re: Intel paid Paul Otellini $19 million in 2012
selinz   4/8/2013 5:21:52 PM
NO RATINGS
All of the comments are well taken but non have the ultimate impact of RobDinsmore, a person who has a taste for who really pays Otelini's salary. In the case of elite atheletes, the differentiation between great and commonplace are easily measured. Unfortunately, a CEO can be wildly successful in spite of himself by having a great workforce beneath him. A workforce that he had absolutely nothing to do with putting in place. Perhaps it's time for an engineer's union ;-)

RobDinsmore
User Rank
Rookie
re: Intel paid Paul Otellini $19 million in 2012
RobDinsmore   4/8/2013 4:21:43 PM
NO RATINGS
I disagree with the "Who'd want the job?" concept. If Otelini only made 2x what the normal engineer made, many people would still want that role. It's not the salary so much as the prestige and power. Having 80k employees work under you would make anyone feel important. I worked under him for a year earning approximately 1/2 percent of what he makes. I was on call 24/7 every 3rd week and it was the most mindnumbingly stressful and horrible experience every 3 weeks. This was working in PTD on their leading edge process, the tech that actually makes Intel, well Intel. If Mr. Otelini actually gave a crap about his engineers, he could have cut his pay and hire more people so his top engineers would not have to have no sleep every 3rd week babysitting his R&D modules. The money has to come from somewhere and Mr Otelini costs 190 engineers, the rest of his executive staff costs another several hundred combined, yet his actual engineers sacrifice their work life balance because there is "no money" to hire more people.

sprite0022
User Rank
Manager
re: Intel paid Paul Otellini $19 million in 2012
sprite0022   4/8/2013 7:31:50 AM
NO RATINGS
dont worry all, this ll be fair in the end. He can 't eat all 19million anyway. He can eat maybe 500$ per day, use $100 gas per day, 100$ electricity, water... He will leave 18million to the rest of world when he die....

nannasin28
User Rank
Rookie
re: Intel paid Paul Otellini $19 million in 2012
nannasin28   4/7/2013 8:37:42 AM
NO RATINGS
no one is steering the ship the company is not going to succeed. http://www.hqew.net

any1
User Rank
CEO
re: Intel paid Paul Otellini $19 million in 2012
any1   4/5/2013 6:54:48 PM
NO RATINGS
Of course Tim Cook, CEO at Apple, makes a whole lot more money so it's all relative I guess. In some sense 19 million for the CEO of a comapny with over 50 billion in sales is not out of line. At least Intel is actually making something and directly and indirectly employs well over 100,000 people. My beef is with the exorbitant salaries of hedge fund managers and CEOs in the financial services industry.

MI6
User Rank
Rookie
re: Intel paid Paul Otellini $19 million in 2012
MI6   4/5/2013 2:24:14 PM
NO RATINGS
I will give kudos to Otellini for one Intel direction. He Kept Intel Fabs mainly in the USA. While most greedy CEO’s have driven the semiconductor industry overseas. Anyone ever count the Fabs in the USA 25 years ago and the FABs in the USA now ? Intel is one of the few that continues to invest in the USA. Outside of that, the direction provided by Otellini is average at best and his salary should have reflected it. ..People in power take care of themselves… that is the bottom line.. That is the way it has been and the way it will be.

Page 1 / 2   >   >>
Most Recent Comments
August Cartoon Caption Winner!
August Cartoon Caption Winner!
"All the King's horses and all the KIng's men gave up on Humpty, so they handed the problem off to Engineering."
5 comments
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Flash Poll
Radio
NEXT UPCOMING BROADCAST
How to Cope with a Burpy Comet
October 17, 2pm EDT Friday
EE Times Editorial Director Karen Field interviews Andrea Accomazzo, Flight Director for the Rosetta Spacecraft.