https://www.theverge.com/23294064/intel-deny-meteor-lake-delay-2023-2024
Good to know he hasn't changed much since leaving VMware - he's just there to keep the stock above a certain number...the product doesn't matter. Sound familiar?
8 replies (most recent on top)
"The stock price was down to $35 a share. At its peak it was over $150 a share representing a massive improvement."
We've been in a massive speculative bull market for 12 years. The stock price run up had nothing to do with some genius C level leadership.
Look at all of the armchair CEOs here. I have been at VMware for a long time and all I know is that VMW reported solid earnings at nearly every single quarter despite some rough patches including when the Dell announcement was made. Remember then? The stock price was down to $35 a share. At its peak it was over $150 a share representing a massive improvement. Sure. People are bitter and its easy to blame the people at the top for the fate of our company. Leadership was powerless to keep Dell and Silverlake from selling us to the highest bidder. We were always in this scenario ever since EMC acquired a majority stake. Whenever a company is placed into a position where its future is tied to the whims of majority controlling interests obviously that leads to outcomes like the one we finally arrived at. Get over it. Whether Pat, Raghu or anyone else was at the helm would have made no difference. The company grew and so too did its revenue and value and when it was " ripe" was sold off, which was probably the plan all along- to "provide a great opportunity to our shareholders"
By the sound of it, a lot of you should have made yourselves known to the board and made your intentions of being the next CEO if you really think you had the plans to turn things around.
If the previous poster has to ask how Pat G. ran VMW into the ground, do they even have the mental capacity to understand the answers? His failures were many and obvious.
Sorry, how exactly did Pat G run vmw into the ground?
Two words: 1. VCloudAir 2. Tanzu
Worst decisions Pat ever made. Yes, history will repeat at Intel.
Sorry, how exactly did Pat G run vmw into the ground? Nonsense.
- Accquisitions that didn't pan out.
- Promoting bad management.
- Causing really good management to leave.
- Causing really good senior developers to leave.
- Never expecting broken things to be fixed.
- Allowing management with agendas for their own interest to flourish.
- Ruining morale with yearly layoffs.
- Outsourcing everything to ever-cheaper geographies.
- Never having consequences for bad performance (the people responsible for the recall of vsphere were promoted).
- Leaving at the first sign of a job at Intel
Sorry, how exactly did Pat G run vmw into the ground? Nonsense.
Pat ran VMware into the ground, I'm sure he will do the same at Intel. No innovation. I'm sure acquiring a dozen companies will fix this!
Pat is no Ross Perot, Soichiro Honda, Akio Morita. Neither is he Woz or Jobs.
What makes him a good CEO pick, Intel?