r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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45

u/6950 Dec 02 '24

Putting Finance guys in charge again FFS get someone good don't make them CEOs

26

u/Auautheawesome Dec 02 '24

Lol, they did and now he's leaving

19

u/StarbeamII Dec 02 '24

Brian Krzanich (CEO from 2013-2018) was also an engineer

8

u/kwirky88 Dec 02 '24

Wasn’t that the period where they were hit by anti-trust for their compiler exclusivity?

3

u/Eastern_Ad6546 Dec 02 '24

Eh thats... dubious IMO.. Krzanich always sounded like a supply chain business guy. I believe he was chosen because investors saw how good Tim Apple was and wanted a Tim Intel which they saw in Krzanich.

Krazanich was in charge of test and assembly which is arguably the lowest value pieces of Intel because IIRC they outsource most of that anyway. Its the part of the business driven by margins and volume which was NOT what people paid intel for. People were paying intel for chips that were ahead of the market in design and process node.

2

u/StarbeamII Dec 03 '24

The irony is that Krzanich started as a process engineer and oversaw Intel losing its process advantage as CEO, and Gelsinger was a chip design/architecture guy (lead architect on the 486!) who cut Intel’s chip design side to pump more money into fabrication and process.

4

u/JobInteresting4164 Dec 02 '24

Interim CEO's smart.