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Intel's Interim CEO Bob Swan Gets the Job Permanently (venturebeat.com)
Intel has named interim CEO Robert Swan to the role on a permanent basis on Thursday while also naming a new interim chief financial officer. From a report: [Former CEO] Krzanich resigned last June under somewhat peculiar circumstances, after he was found to have engaged in a "consensual relationship" with an employee a while back. The relationship, which only came to light much later, violated an internal "non-fraternization policy" that applies to all senior managers. Swan began his career at General Electric and spent nine years as chief financial officer (CFO) of eBay. He later joined investment firm General Atlantic, before leaving to become Intel's CFO in 2016 -- a role he has continued to hold while serving as interim CEO.
Welcome to the core i9-9999 with less cores than a 3rd gen Ryzen 3.
Pretty much. Makes for an artsy banner ad
Seems like a nice guy, but is this the right fit?
Intel Inside
They will buy high, sell low.
Perform R&D on failed avenues of revenue generation.
Put capital investments into areas orthogonal to market trends.
Sell of divisions that might actually make them money, while keeping outdated tech.
Regularly get rid of key talent in an effort to be 'lean'.
Sounds like Kodak.
Darn it! Another perfectly good article ruined by someone making ridiculous comments about a name
I would suggest getting someone competent in the field, but Dr. Lisa Su already has a position.
Take a shot every time someone says SJW, Politically correct, diversity, postmodern, affirmative action, multiculturalism.
Take two shots every time one of the alt-tards responds to this post attempting to word-game around the above terms. (We're not kids. We know know what you're talking about. Ironic racism, trans phobia, homophobia, and misogyny are still racism, trans phobia, homophobia, and misogyny.)
Take 3 shots for every post mentioning hot grits.
Thought it was temporary, now official fall guy. Won't last long.
Next move is to find someone charismatic and get to a point where Intel actually has something to boast about and then they switch to the new CEO and refresh their PR.
Clearly you have no idea. Keep trying!
At what level are former C-levels responsible for fraud? Their 10 nm process failed to deliver repeatedly. They kept promising investors that it was "real soon now" and didn't deliver. At what point can investors sue the C-levels for either total incompetence or flat out lying? It's impossible to believe that lots of people inside the company weren't saying "We have a real problem here."
I ask this having worked for a silicon valley company where the C levels constantly promised investors the moon and totally tanked. They went from being worth over a billion dollars to less than 50 million in the space of three years. The CEO was either massively incompetent or lying. We aren't talking one bad call. The CEO repeatedly ignored the advice of experienced senior people who said - "That won't work."
It was a real eye opener to me to just how insane silicon valley can be. I got to work with a bunch of ex "big name" silicon valley engineers and they were actually amazingly terrible at basic things. You could show them a straight line graph of performance that started at say 100% and dropped to 10% and they'd still say they thought performance would be 200% next month and act amazed it was 5%. Not just once either. But time and again.
Engineers from other parts of the US I've worked with haven't been like that, they've been sane. I'd never willingly work for another silicon valley company without knowing a bunch of colleagues there who said the company wasn't full of insane people. The company had a lot of people from Stanford. I couldn't understand how they could even pass first year engineering tests.
p.s. I know Intel is spread all over the place geographically and there are many competent engineers there. I'm just wondering if the C level stupidity is a silicon valley trend.
If you have a leader who comes from a financial background, they will tend to lead in that direction. If you have a engineering background you will tend to lead that direction. It's what each knows and you shouldn't blame them. They are who they are, but is this the direction for your technology company?
Intel used to be lead by former engineers or minds of that leaning. They would be wise to get back there.
Get your temp spikes/max TDP down (and start accurately reporting max TDP)
If your K series of CPUs are meant for OCing, dont release a CPU that cant OC due to heat (e.g., 7700K)
Stop moving on to new chipsets so often and misleading the consumer about why (8700K really needs a z370 chipset? really??)
Stay committed to single thread performance
Dont use a goddamn 1000w industrial water cooler in product demonstrations
Solder your heatspreaders, or at least use decent thermal paste
Dont screw up your discrete GPU (tons of opportunity and kudos if you do well here)
When I was at Intel, they were chasing what ever was getting press.
Wii? Let's do video gaming with motion controllers. Until we can't and wander off in another direction.
Set-top boxes, we can dominate! The sales guys were obsessed with "a dollar and a dollar"; getting a cut from both ad revenue -and- silicon.
Car Infotainment? Yeah, we can do that! Except the OEM demo hardware they sent out was crashing inexplicably for months.
The best part with the hardware was that, of all things, the radio section didn't work.
Again, the sales people loved getting sent over to Germany on long all expenses paid visits.
Digital Signage! That's hot! The main goal was to dump old core-duo chips on the market by saying they were made specifically for signage.
Intel has its own jet fleet that runs from OR, to CA, to AZ, several times a day.
They signage guys set up a meeting with the guys up in OR for talk about signage and 3 of them flew to AZ.
Although I warned my boss, an embarrassing meeting took place where the OR guys started talking about digital signing certs, not signage.
That is Intel.
They made -so- much money off of chips that they struggled to burn it up.
There's the Intel Orange County Chopper that sat behind glass in Chandler AZ for years.
Too big to be ridden, with electronics that were hollow props. Nice paint job tho...
My favorite is making will.i.am "Director of Creative Innovation". Made him an "employee" with a badge and everything.
It was insulting to everyone that actually did work there. I've heard nothing about him after the one press conference where he said he used computers once.
The chip guys were top-notch. I shared a lab with the guy bringing up BIOS for the first Atom chip prototype.
The first real thing to run as a standard test, was DOOM.
Incompetence != Fraud.
Yes it's dumb to promise investors a bunch of stuff, but even if you don't promise you still have to tell them what you're doing. Trying honestly to achieve a goal and failing is not fraud. There are certainly people working on that tech so instead of bitching about problems eoth it why don't you apply for a job there and help them fix it?
Or, be a smart investor and don't buy solely based on promises of something that sounds difficult to do.
Intel LIED about the performance of their chips for two decades and then made them shit with secutity fixes. INTEL OWES ME MONEY BOB.
You're never getting another penny from me until you PAY ME Bob. PAY ME WHAT YOU OWE ME MOTHERFUCKER.
Current Intel process engineer here. If only it were that simple. BK started as a process engineer but under his stewardship he allowed some real jackasses to get promoted. Those idiots not only fucked up there manufacturing side of things but caused many Intel engineers to hate working here. After BK left, some other terrible leaders just so happened to also leave (read: got forced out) and you can already tell the mood is much better. I still hate my job but the pay is pretty good and it seems like things around here are improving. At least when I wake up in the morning, I don't feel immediately stressed out as the reality of working at Intel starts to crush my psyche.
Bob Moist would be worse.
If experienced engineers tell you that you are wrong repeatedly and you ignore them, then at some point it does become fraud. Once or twice may be considered dumb or incompetent, but repeatedly misleading the shareholders is illegal.
Intel must go back to its older ways of secretive and non-consensual relationships.
Is this dude any relation to Robert Swan Mueller III, the present special prosecutor and former FBI director?
When a bean counter is in charge, all decisions are based on bean potential. Bean potential is based on past performance. There is no way to predict future performance for innovative ideas based on bean counting. Consequently, these are underfunded or not funded. Bean counting results in funding ever larger balloons to travel to the moon, while dismissing crazy rocket engines as child's toys or pipe dreams of crazy tinkerers.
There is an exception, though. That is the politics exception. If you can get to be the favored buddy of the bean counter, she will fund your worthless project. Therefore, back-stabbing is an important tool in a bean-counter organization.
Bye-bye Intel.