[HN Gopher] Intel appoints Lip-Bu Tan as its CEO
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Intel appoints Lip-Bu Tan as its CEO
Author : yoyoyo1122
Score : 120 points
Date : 2025-03-12 20:31 UTC (2 hours ago)
(HTM) web link (www.reuters.com)
(TXT) w3m dump (www.reuters.com)
| yoyoyo1122 wrote:
| 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.
|
| https://www.reuters.com/technology/intel-board-member-quit-a...
| silisili wrote:
| 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 wrote:
| The current CEO was supposed to be a down to earth,
| technical, no bureaucracy guy as well.
| htrp wrote:
| so he's getting knifed after 6 months and Intel will be in
| even worse shape?
| KerrAvon wrote:
| seems to be the case
| 42lux wrote:
| He is exactly there to be knifed after he cut intel into
| easy to sell pieces.
| melling wrote:
| 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.
| outside1234 wrote:
| He turned out to be a nut bar:
|
| https://www.foxbusiness.com/technology/ex-intel-ceo-pat-
| gels...
| tester756 wrote:
| What does he bring over Pat or Michelle?
| DebtDeflation wrote:
| 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.
|
| https://en.wikipedia.org/wiki/Lip-Bu_Tan
|
| https://www.linkedin.com/in/lip-bu-tan-284a7846/details/expe...
| bloomingkales wrote:
| They may have just agreed to get Intel to this point and hand
| it off.
| datadrivenangel wrote:
| Motivation to fix things?
| tester756 wrote:
| Pat seemed to have it
| jauntywundrkind wrote:
| 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
| rabidonrails wrote:
| >>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 wrote:
| > 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.
| 1024core wrote:
| > 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.
| ChrisArchitect wrote:
| _Remaking Our Company for the Future: A message from Lip-Bu Tan,
| who has been named Intel CEO, to company employees._
|
| https://newsroom.intel.com/corporate/lip-bu-tan-remaking-our...
| gautamcgoel wrote:
| Let's wish him luck. He will sure as hell need it.
| lvl155 wrote:
| 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.
| neelm wrote:
| 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 wrote:
| > If he wants to succeed, he will need to reconsistute the
| board.
|
| Intel is a publicly listed company.
| beambot wrote:
| Yes, and I'm sure all those public shareholders are mighty
| unhappy with the current board's stewardship.
| markus_zhang wrote:
| 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 wrote:
| 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.
| alecco wrote:
| 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 wrote:
| Actually, he sounds like the opposite, but anyway.
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