Lip-Bu Tan was previously on the board but left after disagreements:
> Over time, Tan grew frustrated by the company’s large workforce, its approach to contract manufacturing and Intel’s risk-averse and bureaucratic culture, according to the sources, who were not authorized to speak publicly.
Tan's complaints seem to be the same ones I read here over and over from ex-employees, so hopefully he can actually turn it around.
Galanwe 2 hours ago [-]
The current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well.
melling 2 hours ago [-]
There is no current permanent CEO. Pat Gelsinger got fired last December. I liked him but it sounds like the board got impatient.
Intel trying to regain a foothold in fabs is costly and time consuming. Hopefully, they are finally able to turn it around.
htrp 2 hours ago [-]
so he's getting knifed after 6 months and Intel will be in even worse shape?
DebtDeflation 25 minutes ago [-]
It's really simple - either Intel is shipping products on 18A (Panther Lake and Clearwater Forest) by Q1 of next year or they are not, and their entire future hinges on this.
42lux 50 minutes ago [-]
He is exactly there to be knifed after he cut intel into easy to sell pieces.
KerrAvon 2 hours ago [-]
seems to be the case
outside1234 1 hours ago [-]
[flagged]
anonym29 39 minutes ago [-]
Isn't it kind of mean-spirited and divisive to imply that people are mentally unwell for practicing religious beliefs of their choice?
Would you still be saying that if he was Muslim, Jewish, or Hindu?
falcor84 33 minutes ago [-]
Practicing a religion in your own, and asking your employees to practice it are two very different things
anonym29 24 minutes ago [-]
I'm agnostic, but I wouldn't personally be offended or bothered if my Indian CEO sent out a letter asking my coworkers and I to try Hindu meditation or yoga, nor would I be offended or bothered by Pat's suggestion, nor by a suggestion that I try fasting for the month of Ramadan, etc etc.
Am I misunderstanding some aspect of this? Was Pat demanding rather than asking or something like that?
neelm 2 hours ago [-]
If he wants to succeed, he will need to reconsistute the board. That's a tough one since they appointed him, but otherwise it won't work. The type of transformation Intel needs to go through won't withstand a myopic, short term oriented bureaucracy.
alienthrowaway 1 hours ago [-]
> If he wants to succeed, he will need to reconsistute the board.
Intel is a publicly listed company.
beambot 54 minutes ago [-]
Yes, and I'm sure all those public shareholders are mighty unhappy with the current board's stewardship.
7speter 8 minutes ago [-]
He left said board about 6 months ago after having a falling out with the previous CEO, so…
jauntywundrkind 3 hours ago [-]
He's supposedly quite low level, savvy about Platform Development Kits (PDK). Worked at Cadence, so he knows a lot about relating to other people making chips, selling IP, working with EDA tools.
A lot of potential here!
The disagreement with the board was supposedly related more to elements of the board trying to parts up and sell off bits of Intel. Harder to report that directly. Good for him, food sign if true.
Today was a very very good day to be hanging out on TechPoutine podcast. Very fun to have this as breaking news at the end of stream. https://www.youtube.com/live/aSoYz9Qp1xI
alecco 1 hours ago [-]
> That's what I'm trying to understand. His educational background was in Physics/Nuclear Engineering so he's obviously a smart guy, and he was CEO/Chairman of Cadence for 15 years, but other than that his 40+ year career has most been in VC and being on the boards of an incredibly large number of companies.
He is no Pat. He is no Andy. He is a business guy with some hard science behind (not electronics per se). It doesn't feel right.
rabidonrails 2 hours ago [-]
>>The disagreement with the board was supposedly related more to elements of the board trying to parts up and sell off bits of Intel.
If true this would be very interesting. The most recent rumors were TSMC was trying to grab a part of Intel and have Nvidia/Broadcom/AMD take over the rest. Bringing in a CEO that literally left the board because he was against carving up Intel would be quite the signal from the board.
alecco 1 hours ago [-]
Sounds like the guy to trim Intel to be sold in in parts.
Intel engineers: thank you for these amazing machines, for all these years. They shaped many lives. We salute you.
frosting1337 1 hours ago [-]
Actually, he sounds like the opposite, but anyway.
1024core 3 hours ago [-]
> Tan left Intel's board last year over disagreements on how to turn around the company. He felt Intel had too many layers of middle management
Good sign.
markus_zhang 2 hours ago [-]
There will be a all-hands in the next few weeks, supposedly. I hope whoever sees this reply, if you are in a position to do so comfortably, ask him straightforwardly whether he has or has heard about a plan to knife and sell INTC in the next 18 months.
alecco 1 hours ago [-]
Intel employees are at high risk of losing their jobs. I don't think cornering the new CEO at an all-hands is a good idea. And I wouldn't even trust his answer, anyway.
foldl2022 27 minutes ago [-]
Tan looks like Pat. Amazing.
tester756 3 hours ago [-]
What does he bring over Pat or Michelle?
DebtDeflation 2 hours ago [-]
That's what I'm trying to understand. His educational background was in Physics/Nuclear Engineering so he's obviously a smart guy, and he was CEO/Chairman of Cadence for 15 years, but other than that his 40+ year career has most been in VC and being on the boards of an incredibly large number of companies.
They may have just agreed to get Intel to this point and hand it off.
2 hours ago [-]
datadrivenangel 2 hours ago [-]
Motivation to fix things?
tester756 1 hours ago [-]
Pat seemed to have it
gautamcgoel 2 hours ago [-]
Let's wish him luck. He will sure as hell need it.
lvl155 2 hours ago [-]
I am not sure if Intel can survive on its own. Games changed quite a bit and Nvidia is about to enter the space and will likely gain significant shares if they bundle their products in anticompetitive ways. It will be cutthroat for both Intel and AMD. But if he pulls it off, he will go down in history as the guy who saved Intel.
ChrisArchitect 2 hours ago [-]
Remaking Our Company for the Future: A message from Lip-Bu Tan, who has been named Intel CEO, to company employees.
> Over time, Tan grew frustrated by the company’s large workforce, its approach to contract manufacturing and Intel’s risk-averse and bureaucratic culture, according to the sources, who were not authorized to speak publicly.
https://www.reuters.com/technology/intel-board-member-quit-a...
Intel trying to regain a foothold in fabs is costly and time consuming. Hopefully, they are finally able to turn it around.
Would you still be saying that if he was Muslim, Jewish, or Hindu?
Am I misunderstanding some aspect of this? Was Pat demanding rather than asking or something like that?
Intel is a publicly listed company.
A lot of potential here!
The disagreement with the board was supposedly related more to elements of the board trying to parts up and sell off bits of Intel. Harder to report that directly. Good for him, food sign if true.
Today was a very very good day to be hanging out on TechPoutine podcast. Very fun to have this as breaking news at the end of stream. https://www.youtube.com/live/aSoYz9Qp1xI
He is no Pat. He is no Andy. He is a business guy with some hard science behind (not electronics per se). It doesn't feel right.
If true this would be very interesting. The most recent rumors were TSMC was trying to grab a part of Intel and have Nvidia/Broadcom/AMD take over the rest. Bringing in a CEO that literally left the board because he was against carving up Intel would be quite the signal from the board.
Intel engineers: thank you for these amazing machines, for all these years. They shaped many lives. We salute you.
Good sign.
https://en.wikipedia.org/wiki/Lip-Bu_Tan
https://www.linkedin.com/in/lip-bu-tan-284a7846/details/expe...
https://newsroom.intel.com/corporate/lip-bu-tan-remaking-our...