You can’t do this overnight PSO, BK and Bob
what a strong of losers the Board put into play. Got to be the worst board ever
Paul Otellini’s legacy includes two very defining events:
In 2006 he oversaw the largest round of layoffs in Intel history when 10,500 (10% of the workforce) were laid-off in an effort to save $3 billion per year in costs.
Also in 2006 he passed on the opportunity to work with Apple on the iPhone.
Brian M. Krzanich
Intel CEO 2013-2018
In reality BK was fired for being the worst CEO in the history of Intel, my opinion.
Robert Swan
Intel CEO January 2019-2021
no CEO experience. During Bob’s short reign Intel struck an outsourcing deal with TSMC to support a chiplet strategy which is now in production (Meteor Lake). Intel can use internal fabs or TSMC depending on which is best suited. In my opinion Bob did this as a way to motivate Intel manufacturing as an innovate or die mandate. Some think this is why Bob was fired but, as it turns out, the Intel-TSMC relationship was in fact a pivotal point in the history of Intel.
https://www.semianalysis.com/p/rebuilding-intel-foundry-vs-idm-decades