Breaking News
News & Analysis

Renesas eyes foreign CEO, nominations welcome

All in the family?
12/11/2012 05:01 PM EST
18 comments
NO RATINGS
< Previous Page 2 / 2
More Related Links
View Comments: Threaded | Newest First | Oldest First
old account Frank Eory
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
old account Frank Eory   12/11/2012 5:25:31 PM
NO RATINGS
"foreign scapegoat" is a pretty good job description!

junko.yoshida
User Rank
Blogger
re: Renesas eyes foreign CEO, nominations welcome
junko.yoshida   12/11/2012 5:39:57 PM
NO RATINGS
yeah, seriously, Frank, who would want to take this job?

Mario.Rivas
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Mario.Rivas   12/11/2012 7:22:48 PM
NO RATINGS
Well Junko, this job is heavy with inter-cultural challenges. Renesas has great technology and excellent position in MCUs. Big challenge = great opportunity.

junko.yoshida
User Rank
Blogger
re: Renesas eyes foreign CEO, nominations welcome
junko.yoshida   12/11/2012 7:53:13 PM
NO RATINGS
Hi, Mario! How have you been? What was I thinking... we will definitely nominate you to run Renesas!!! I don't want to jinx it, but you have all the right qualities in your resume.

old account Frank Eory
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
old account Frank Eory   12/11/2012 8:14:52 PM
NO RATINGS
I second the nomination. Mario probably doesn't remember me, but our paths crossed back in the Motorola days. I agree Junko, Mario should put his hat in the ring for the Renesas challenge.

WW Thinker
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
WW Thinker   12/12/2012 8:55:28 AM
NO RATINGS
Which Mario? The one who had stints at Philips Semi and AMD?

Roger3
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Roger3   12/11/2012 9:18:40 PM
NO RATINGS
Junko, I vote for Willem P. Roelandts.

junko.yoshida
User Rank
Blogger
re: Renesas eyes foreign CEO, nominations welcome
junko.yoshida   12/12/2012 3:32:44 AM
NO RATINGS
Another good choice. Keep the names flowing!

Thomas
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Thomas "Rick" Tewell   12/12/2012 8:16:21 PM
NO RATINGS
I'm thinking Donald Trump. Honestly, a lot of sacred cows will need to go... Unfortunately, changing the company in the way it likely needs to be changed will require a top down demolition and rebuilding. Just my opinion...

Chipdude23
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Chipdude23   12/11/2012 9:44:46 PM
NO RATINGS
Junko, Interesting article. I think you may need to add one more zero. 138BYen is $1.67B...not $167M. Do we really think you can pick up a majority stake in a company the size of Renesas (~$8-9B in sales) for under $200M?

junko.yoshida
User Rank
Blogger
re: Renesas eyes foreign CEO, nominations welcome
junko.yoshida   12/12/2012 2:36:50 AM
NO RATINGS
Oops. My bad. Fixed.

Think About It
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Think About It   12/11/2012 11:52:07 PM
NO RATINGS
Junko check your conversion rates immediately!

sranje
User Rank
Manager
re: Renesas eyes foreign CEO, nominations welcome
sranje   12/12/2012 3:01:35 PM
NO RATINGS
Perhaps Bob Green, co-P of Renesas-Europe or Ulrich Schumacher, ex-CEO of Infineon...

ak-eleon
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
ak-eleon   12/12/2012 4:40:57 PM
NO RATINGS
How about Paul Otellini?

help.fulguy
User Rank
Manager
re: Renesas eyes foreign CEO, nominations welcome
help.fulguy   12/12/2012 5:09:01 PM
NO RATINGS
I am surprised Rick didnt mention any of his buddies from ARM....warren the dope, simon the haggard, etc. etc.

Tatsuo Kobayashi
User Rank
Freelancer
re: Renesas eyes foreign CEO, nominations welcome
Tatsuo Kobayashi   12/13/2012 5:11:47 AM
NO RATINGS
Junko, I will take a completely different stand here. Foreign CEO at Renesas is not going to happen. Government didn't allow KKR to take over the company, so there is no reason to even think that they will bring in a foreigner CEO. In addition, the government backed fund is very much aware of the risk of having a foreigner CEO. Olympus is the latest example. The British CEO completely exposed the toxic management and unethical business practices of Olympus. Considering that Renesas was not a public entity for so many years, only god knows what exactly is there in the pandora box. Government will simply not take the risk. Now coming to your theory of scapegoat, the most suitable candidate is Mr. Akao, the current president of Renesas. He will now be used to do the dirty work and he will be done away with when no longer required. Government has no business to be in business. When that happens, there would be a disaster in making. If owners of Renesas and government were really serious about turning around Renesas, they would have allowed KKR to come in. Atleast, KKR would have brought the right set of people and taken the required steps. Concerns of auto companies getting affected were merely a face wash. The government backed fund has no expertise of running a silicon company in today's competitive scenario, nor do they have a strong urge to turn around the company. Last time I predicted that they will not allow KKR deal to go through. My prediction came right. This time I am predicting that foreigner CEO is not happening. I hope I go wrong this time, but inside myself, I know that I will be right this time as well!

Victor.Shadan
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Victor.Shadan   12/13/2012 4:42:10 PM
NO RATINGS
Foreign will be for sure detrimental. Need a person with deep technical and market aware. Also great knowledge of each company's product and strength. Would a local person with open mind be available? Somebody with no or less Japanese old culture. Somebody with much exposure to Western "faster and not afraid decision making" thinking. Was Sony's Pres had Berkeley educ.

Ukis
User Rank
Rookie
re: Renesas eyes foreign CEO, nominations welcome
Ukis   12/19/2012 10:07:13 PM
NO RATINGS
Bryan Patmon would be a great candidate for this position.

Most Recent Comments
Radio
NEXT UPCOMING BROADCAST
EE Times Senior Technical Editor Martin Rowe will interview EMC engineer Kenneth Wyatt.
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