With “a true outsider [for CEO], the company would grind to a halt,”
said Gwennap. If a new leader creates a “culture clash [he could] lose
top managers, and Intel is a complex business to run without good
lieutenants--the trains will be off schedule,” he said.
and I agree on one strong possibility—the new CEO could be a returning
hero. Pat Gelsinger or Michael Splinter are prime candidates. They have
seen Intel from the inside and the outside, learned how to work its
corporate levers and have had enough experience to have some ideas how
it could be better.
Two things I expect for sure. This transition
won’t be like past ones. Otellini apparently has no plan to graduate
from CEO to chairman as Gordon Moore, Andy Grove and Craig Barratt did
before him. That alone tells me this transition will be more of a gear
shift than a smooth acceleration.
I also expect Intel will
surprise me. It often does. Moving faster than other companies its size,
it has jumped with both feet into new markets and then pulled out of
them just as fast when they didn’t pan out.
The only thing
that’s really clear is something significant will happen in less than 30
days, and Intel won’t be jumping out of the smartphone market.
Let me start with saying "I love Intel" so my comments are not taken out of context :) The bean counting will ruin this company with irreparable damage unless the culture changes quickly. The wafer manufacturing (factories) has continued to amaze all of us. While the factory does well, the R&D teams waste money and time justifying their expenses and empires. Simply said Intel would be better off getting rid of 1/2 of it's workforce in R&D and by that I mean the managers and individual contributors that are working for themselves rather than the Intel Team. Running around looking for cover avoiding accountability. Hiding behind false TPT metrics not unlike some bad apples on Wall Street. What Intel needs is a no BS ready for a fight CEO that can play hardball technically, financially, & intellectually. The hearts of the investment community tattooed in 24pt font. Craig Barrett and Gordon Moore were great examples of this ability.
Intel has very strong engineering talent in design-process integration and tool vendor relationships, so apparently the two leading candidates work well together. And they have strong strategic talent in Israel in my opinion, with better feel for market than some in California perhaps (as we saw when US teams got blind-sided by the rush to power as laptops were evolving). We will know soon about new CEO but we may not know for a while the more important questions of how they will address mobile. And for legacy fab usage, MEMS and Analog virtual IDM model perhaps?
Looks like Dadi would be the likely candidate - certainly not Mike Splinter - and it's always about a team - someone who listens, deligates and forms a strong team - I would not rule out Stacy though
David (Dadi) Perlmutter is executive vice president, general manager of the Intel Architecture Group (IAG) and chief product officer of Intel Corporation....
Brian M. Krzanich is executive vice president and chief operating officer for Intel Corporation. He is responsible for Intel's global manufacturing, supply chain, human resources and information technology operations....http://www.intel.com/newsroom/assets/bio/CorpOfficers.htm
Yes they were both mentioned in the running from the get go and would do a decent job I am sure. I don't know Krzanich. Perlmutter has the insider chops but not the persona and articulate energy needed to be Intel CEO to the outside world.
Hi Rick - according to a NY Times article appearing in today's edition (URL = http://www.nytimes.com/2013/04/15/technology/intel-tries-to-find-a-foothold-beyond-pcs.html?nl=todaysheadlines&emc=edit_th_20130415&_r=0) written by Quentin Hardy says the following re. potential candidates: "Analysts say the two top contenders to be Intelís next C.E.O. are Brian Krzanich and David Perlmutter, who are close to Intelís core business. Mr. Krzanich, Intelís chief operating officer, oversees its fabrication facilities. Mr. Perlmutter, the chief product officer, oversees chip design."
Additionally, the author also points out: "Renee James, the head of Intelís software group, is considered a more remote chance to run what has long been a hardware company. And Stacy Smith, Intelís chief financial officer, is well liked inside and outside the company, but like Mr. Otellini, lacks an engineering background, which diminishes his prospects."
Obviously, time wil tell - stay tuned for the annointed CEO.
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