I've given up on seeing a good CEO run this company in my lifetime, but there were some great CEOs at the helm in past decades. I wonder, who do you think was the last great CEO? When did the troubles start? I think things started to go downhill once Otellini left. What he achieved was and is hard to outmatch.
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any ceo of a failing company not willing to forfeit their pay is not worth running a company.
andy, of course. he cared about the factory workers...
BK is the worst.
There were people in finance all gaga over BK. There were people so enamored with Bob Swan. The list goes on. I am sure that there are those who vouch for Pat for how well he did in IAL the ivory tower of Fellows and what not. And then, there are those who say Pat was doing more of an executive role for a long time.
The company chain is set up to support the apex of the pyramid. There is seldom room for flattening this structure. Intel is where it is today for lack of admission from BoD to all levels.
I disagree that 'BK was among the worst', he WAS the worst.
@OP
After I tried to warn CRB and PSO, and they did not care, they laid off 10,500 employees. Shutdown Mobile and NOR flash. Mobile was based on ARM architecture. When Intel came back with X86 Mobile, phones with X86 exploded in Brasil. The brasilian company sued Intel because it claimed the explosion was caused by X86 Mobile CPU. Intel shut down the X86 Mobile business quietly.
Pat could have savagely revamped the management levels in 2022, and he did not even touch them.
He is clueless and is ki----g the company.
IAL produced nothing of value.
Pat seems to be right on track there.
I think most of us would agree that BK was among the worst and BS was just a vastly overpriced placeholder until they could get PG on board. BS did stock buybacks which is nothing more than financial engineering to prop up the stock price - leave it to a CFO-CEO to do that cr-p. PG said he wouldn't do it.
I worked in IAL in the late 90s / early 2000s when PG was running the org. Based on direct interactions with him and what I've seen in the past 2 years, he's one of the best people for the job. It will take a couple more years to see results as Intel is a big ship to turn around. There are so many Intel and other corporate examples in which companies were onto something great but just didn't give it enough time. I think PG will turn things around if given enough time. I hear people complain about him but I don't see any better suggestions or constructive advice, just complaints. My only complaint about PG is the ridiculous $180M pay package - exec compensation as a multiple of the lowest paid worker or avg salary is getting obscene.
I think Pat is great and I can be a good successor in 10-20 years. I’ll be one of intels ceos.
Clearly Andy Grove was the best. But perhaps the best success metric of a CEO is in the successor he picks. In Andy's case, picking CRB (an ops guy) was a colossal mistake. And Andy should have been more vocal in picking CRBs successor as well. PSO (a sales guy) was an even bigger disaster.
@OP
Things started getting bad at Intel under CRB. Intel was making garbage in Mobile (Research in Motion customer) and Flash. Intel also failed in Graphics. Then, PSO enherited that. PG left shortly after!
I tried to warn CRB and PSO but they did not care.
Andy Grove was still CEO when I started. He was by far the best CEO, but he could be the biggest a$$ho-e at times.
List of past Intel CEO's from Best to Worst, and their grade based on their CEO leadership, skills, and decisions during their CEO tenure:
- Andy Grove (A)
- Robert Noyce (A-)
- Gordon Moore (B+)
- Craig Barrett (B-)
- Paul Otellini (C)
- BK (D-)
- Bob Swann (F) -> (Bob really wasn't a 'bona fide' CEO. He was just a 'puppet', installed by the BOD, with no leadership skills and he amplified the poor policies started under BK, so he gets ranked slightly below BK)
Pat G -> TBD, but currently his grade would be a "C-". Some here may think he deserves a lower grade as they want to pin Intel's current woes on him. True that results at Intel during his nearly 2 yr tenure have been mixed to poor, and he should have anticipated a tough economy earlier, but he came into a very tough position with the company culture rotting and some of the left-over "leaders" around him at best haven't been supportive and at worst may be trying to subtly undermine him. Let's see how he navigates the company over the next couple years.
Andy was the last great CEO at Intel. CRB may have been an intelligent person, but he was mediocre at managing and leading. Personally, I liked PSO. He cared about the employees, but he will mostly be remembered for his iPhone blunder. BK was without a doubt the absolute worst for many reasons. BS was a stopgap measure. The jury is still out on Pat.
Andy Grove, the last best CEO
Andy Grove was the best and worse. He was so strong a brilliant that his force of will squeezed those left w/o any of their own vision or creativity.
He is up there like Welch in uniqueness of make the company great and leave it desolate of what it needs next. Look what came of this great company after he left, a slow descent to disaster that it is now, right like GE.
The worst is BK of course!
Sean Maloney was the best. He made WiMAX an industry standard..