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Intel Announces Brian Krzanich As Its Sixth-Ever CEO
wiredmikey writes "Intel on Thursday announced that Brian Krzanich will take the reins as chief executive officer (CEO) of the chip giant, succeeding Paul Otellini who previously announced that he would step down. Krzanich has served as Intel's chief operating officer since January 2012, and has held a series of technical and leadership roles since joining Intel in 1982, and will become the sixth CEO in Intel's history."
That's extreme hyperbole.
Brian Krzanich was trained in chemical engineering, and worked at Intel as a process engineer, and later managing entire factories. He also holds a patent in semiconductor processing. He's not a wall street MBA figurehead.
Intel spends 10 billion dollars a year exclusively on research and development. Naturally being the world's #1 chip producer, who sells chips in every country in the world and has 50,000 employees means that there is a ton of management to be done as well, but Intel does more "real world" work than 99% of other companies in the world.
You mean he'll take the the reins.
So they chose someone who was in this company for 30 years, almost half of it as engineer. I would call it smart move - especially if you compare them to, say AMD or HP - both suffering from somewhat randomly chosen CEOs interested in their bonuses and golden parachutes. Long term thinking is clearly in Intel's DNA - even if they occasionally slow down and get outinnovated by competitors (eg. AMD64). They'll be always there whatever happens - not by their sheer size but by quality of their management.
That's insanity. A manufacturing company hiring somebody with hands on engineering experience at all levels. Everybody knows that to succeed you need an MBA who is great at marketing.
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Intel does a whole lot more than CPUs for PCs. If the home PC industry vanishes they'll still be making chips, just not as many and not as many premium ones. They've got chips that compete with ARM too, and they're not locked out of making ARM chips anyway as they've licensed it before in the past. They've licensed ARM before and can get back into that big time in short order. Then there's still the PC server side industry, and that's not vanishing, something's got to be there running the web searches and social networks. Look inside those iOS and Android devices and count the chips, some of those are from Intel. And the PC desktop won't die and vanish, it's still going to remain big in the workplace and for people who do more with their computer than update the social status, it'll just diminish.