Found on LinkedIn:
https://www.linkedin.com/posts/lynn-coffin-46a8532_from-the-intelstock-community-on-reddit-activity-7293061800244191233-KxB6?utm_source=share&utm_medium=member_ios
Dr. Thomas Caulfield will be the next Intel CEO
With today's February 5th announcement that Dr. Thomas Caulfield will step down as CEO of GlobalFoundries, without publicly stating his retirement, the question remains why he is leaving on his own terms, considering he is well-liked among industry peers and shareholders and there currently is only one job opening for the role of Foundry CEO open in the entire world.
On February 4th, our team of veteran Intel shareholders observed a highly unusual after-market stock purchase of 8,913,900 shares at a price of $19.29 per share, totaling $172 million. This is nearly triple the average daily volume of INTC. Such a large block trade is extremely rare for INTC and unheard of in the aftermarket.
This sum is strikingly close to the incentive-based stock compensation of $178.59 million Pat Gelsinger got offered in 2021.
Dr. Thomas Caulfield's extensive experience across the semiconductor industry makes him a strong candidate for Intel's CEO. His leadership at GF, culminating in a successful IPO, demonstrates his ability to navigate the complexities of the market. His operational experience, including leading GF's Fab 8 and his time at IBM's Microelectronics division, showcases his deep understanding of semiconductor manufacturing. His academic credentials, including a doctorate in Materials Science and Engineering from Columbia University, provide a solid foundation for his technical expertise. This combination of operational, financial, and technological experience, coupled with a strong academic background, positions him as a potentially ideal leader for Intel.
These two coincidences and the fact that he check marks every single metric needed for being Intels next CEO leads us to believe that Dr. Thomas Caulfield will be the next Intel CEO, and that the announcement is imminent.