https://www.intel.com/content/www/us/en/newsroom/news/ifs-march-2023-news.html
Looks like another Intel lifer with zero foundry experience. Good luck.
7 replies (most recent on top)
Stu Pann to run IFS?
IFS isn't MMBP... so, the odds of success here are pretty slim.
They are merging with a company that has years of foundry experience, and they pick someone who has no experience to run their foundries? Makes no sense.
Any question why IFS went from a dream to a future nightmare where it like Intel narrative for the past decade will became HBR required reading.
The current, last BOD as well as the last three CEOs and Pat, what a legacy of incompetence, arrogance and shame.
Is this an official end to Tower deal?
Oufff... this isn't going to end well.
He is better than Randhir, who also had zero experience managing a foundry + sleazy car salesman. But I agree. For such an important function, he should have hired the best, not his intel friend whose only expertise is sales ops.
The executive leadership of Samsung, TSMC, Hynix, YMTC, SMIC etc are all solid-state PhDs from absolute top tier universities. D-mb American companies want to compete with them with MBAs, marketing and strategy clowns. Good luck! Thoughts and Prayers..