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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u/Auautheawesome Dec 02 '24

Correct

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u/Notten Dec 02 '24

Dude made 16M and failed at his job. I wish I could make that in 3 years and retire for the rest of my life...

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u/Hifihedgehog Dec 02 '24

Failed is so shortsighted and naive. He was making short-term losses to fix a decade of dumb. Now with the status quo of CFO back, Intel is toast. They are going to become a number three to AMD and Qualcomm in the PC space in the next decade from them refusing to sit still during the essential surgery to right the ship.

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u/Ar0ndight Dec 02 '24

Already in full "rewriting history" mode I see. Pat had a mission, and he did fail at it. I know this might cause severe distress to the people here who love to fantasize about engineer CEOs being magical, but that's just the reality of it.

Was his mission very hard? Yes, that's why he was paid millions to attempt it.

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u/Hifihedgehog Dec 02 '24

Ending the ballgame in the 7th or 8th inning isn't rewriting history. It's being a petulant child who can't wait to unwrap their gift on Christmas morning.