- cross-posted to:
- technology@lemmy.world
- hardware@lemmit.online
- cross-posted to:
- technology@lemmy.world
- hardware@lemmit.online
David Zinsner and Michelle Johnston Holthaus named interim Co-CEOs. Holthaus also appointed to the newly created position of CEO of Intel Products. Frank Yeary named interim executive chair.
I was away just for a few days.
I come back and this happens. I am not surprised Gelsinger was kicked out.
Can i say i am both suprised and not suprised?
The enthusiasm to turn the ship around when Gelsinger rejoined certainly has dissipated, but considering the important milestones (especially 18A) are still on the horizon it seems hard to judge how successful he was.
But unless they have a good replacement lined up relatively soon, having a finance and marketing duo as replacement doesn’t seem like an upgrade.
Dr. Ian Cutress/TechtechPotato is also currently doing a live stream discussing this news on youtube, if someone wants the opinion of an industry expert.
I guess it was highly likely, but this reuters article seems to confirm that he was forced out by the board.
Chances are that this was already decided quite a while ago from now.
When do you roughly think it was decided or more importantly what was the final straw? I guess internally they know more than we do, but considering the long lead times for projects the real make or break point will still be 18A next year and maybe how the GPU endevour progresses.
My guess is that this would have been decided around or just before September.
I don’t have many friends left at Intel and I suppose I may never really know how this played out exactly, but it’s rare for people in positions like this to voluntarily retire and step down.
My guess is that this would have been decided around or just before September.
If the decision was already made months ago and they sat on it, then that seems to me like they delayed it until they signed contracts for the CHIPs act money?
but it’s rare for people in positions like this to voluntarily retire and step down.
Yeah, at least not in this fashion and effective immediately. Voluntary retirement would probably be announced in advanced and ideally with a successor already lined up and stepping down due to unforseen circumstances like health issues (themself or in the family) would probably be mentioned in some form.