The Board

This has got to be the most ineffective board of any large public company. Let me get this straight - your CEO who you appointed after great fanfare, calling him the next coming of Andy Grove, bestowing on him a $200M largesse - fu--s up so bad that the company is reduced to just 30% of its market cap, its bond rating is junk, it is $50B in debt and is losing market share faster than you can count….your factories are running empty and the clown is building 8 more. He hired like a drunken sailor in 21 only to have to fire everyone now. He took a blue chip company and made it a laughing stock that’s losing money for the first time in 40 years…

Yet, you don’t have the spine to fire him??

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my bet is Pat and the CFO are gone in a year along with other executives

The Broad

I think half the board needs to be replaced, but they did and will have a tough time finding a qualified CEO who would run Intel. Thus we get Pat.

@1gcn… your linked article is full of grammar and spelling errors. The supposed PhD who signed it, if they really exist, is just whining about people dismissing their conclusions. If what the author presented to decision makers within Intel was written half as bad as that post then no wonder they didn’t listen.

Intel BOD is not for a longtime. It was a mistake bringing back Pat Gelsinger. When Pat was CTO Intel missed Mobile, discrete NOR flash and Graphic (Larrabee)
https://www.tekinsil.com/SemiconductorsBill/US_Semiconductor_Bill.html

Pat is that you..?

Pat may have something on the board. Or they all must be absolutely incompetent to not know how to look for a new and capable CEO

That about sums it up alright

Thread regarding Intel Corp. layoffs

The Board

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