What motivates these people to watch out for Intel's best interest?
Andrea Goldsmith
Alyssa Henry
Omar Ishrak
Risa Lavizzo-Mourey
Tsu-Jae King Liu
Barbara G. Novick
Gregory D. Smith
Lip-Bu Tan
Dion Weisler
Frank D. Yeary
Say, for example, Tsu-Jae King Liu.
What motivates her? 100 shares of INTC stock?
Lip-Bu Tan is the Executive Chairman at Cadence Design Systems. Treat this one nicely. He might buy Intel's internal design software department.
Decisions for Intel are all unpleasant these days. Why would someone, say a professor, or someone who already own the entire free world, get him/herself into it? Sell the stock and move on. Their livelihood ain't dependent on this thing.
'D' is simply capitalism. The people with money want to make more money. There. I fixed it for you. If you want to be part of the game, do what the money folks do or be hungrier (work harder or be at top of your field). You know that the top want to squeeze more out of you and if you don't have anything left, you end up where you are. Get back on the hamster wheel and keep going.
"D" is for
https://www.youtube.com/watch?v=DQ5vetKAhjY&t=15s
Do you know what "woke" means?
Woke companies (which are a majority of large American companies these days) BoDs and even CEOs make decisions based on feelings, skin color, and identity politics. Logic, data, and even common sense need not apply.
can be argued one way or the other?? In a private company the BOD would have been reshuffled long time ago
The quality of decisions can be argued one way or the other. What is strange in America recently is that corporate leaders make decisions based on their own political believes and disregard the interest of the company and its employees. The Bud Light fiasco and PayPal's interference with free speech are recent examples of this. The PayPal man is now Intel's chairman of the board, lol.
It will get worse as Intel's capital needs explode in the future.
What is the motivation? They are not working for free. A lot of stock options and RSU’s that you can only dream off.
The board signed off on the new CEO's plan to double down on vertical integration and trying to beat TSMC with IFS.
They will come to rue the day.
You can do the math and see that Intel core business does not generate enough cash flow to fund extremely expensive technology ramps let alone the fab capacity and equipment needed to compete with $TSM.
What this means in plain english is that Intel cannot fund the IFS business internally and will have to keep raising outside capital such as the $10B in bonds issued this year. However, with tightening financial conditions outside investors will demand higher return on capital and the board will be forced to deal with the strategy and change course.
She is for DEI, I suppose.
https://www.bizjournals.com/bizwomen/news/latest-news/2022/11/intel-names-blackrock-co-founder-to-board.html?page=all
It’s a club! Think of any of the past decades Board anything of relevance to their failures with Paul, BK, Bob or now Pat.