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Bill Combs
@billcombs · Dec 3

Yesterday, the CEO of Stellantis resigned and the CEO of Intel also left.

Intel CEO Pat Gelsinger resigned yesterday. In the final analysis, I don't know if this is good news or bad news. We'll see how $INTCstock reacts after the market opens.

What do you think about the departure of Intel's CEO? Is it good news or bad news?

Părerea personală a unui membru al comunității, nu o recomandare de investiții. Regulile comunității

NT
Nigel Thornton @_thornton Dec 11

I'm not surprised at Intel anymore, but they have the opportunity to put a better CEO in there now

BC
Bill Combs @billcombs Dec 13

If a significantly better CEL comes to Intel, it could help the company

MS
Malcolm Stokes @stokes_malky Dec 11

I also don't know if this is good or bad news for Stellantis, a lot will depend on what the new CEO is like and whether he will be able to run the company.

TM
Trevor Mills @trev_mills Dec 11

My perception is that he's a coward. He ran away from the problem at the wrong time. He should have solved the problem.

GP
Gareth Preston @gaz_preston Dec 11

I was surprised by both reports. We'll see at Intel and hopefully someone better will step in.

CB
Clive Bennett @_clivy Dec 11

Exactly, but it could also be that the new CEO is just plain bad and will just sink the company.

YE
Yorick Ericson @yorickericson Dec 3

For me, it's a pretty bad signal because he walked away from a job he was given and if the board thinks that this tech company is better run by finance and marketing executives at this point, that's pretty damning. They may well have had disagreements about financial results (big spending with uncertain outcomes) but this is exactly what this company needs. Massively invest in talent and technology while Intel is laying off so TSMC and Samsung in the US is hiring those employees and increasing their technology lead.

BC
Bill Combs @billcombs Dec 13

I agree, and that's exactly right. Leaving when it suits him, the company has a problem and he should at least finish the problem doesn't sit well with me either.

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