With Kevin O’Buckley leading Intel Foundry’s customer service and ecosystem operations and Naga Chandrasekaran set to run global manufacturing operations, this means two outsiders will oversee a crucial aspect of CEO Pat Gelsinger’s comeback plan.
https://www.crn.com/news/components-peripherals/2024/intel-s-manufacturing-division-gets-second-leadership-shakeup-this-year
Naga's from Micron. Exactly how well has Micron been doing in the last decade?
Indian Foundry Services
The first thing the new leaders need to do is gut the bloated managerial ranks and remove the many lazy and incompetent managers.
Prepare for a very sh---y quarter earnings call… IFS will be awful with no whale customer to account for and no earnings… only losses… Pat will apologize and will say that he has taken actions to correct the problem… this is probably why you see this “shake up” happening now ahead of the earnings call.
They will control your destiny yeaah baby!
Note that none of these new people have ANY experience on foundry whatsover. If you are bringing experience and know-how, at least bring someone new from TSMC!! Good grief!
I think this is a good move to shakeup the culture and please mid level managers will be made to work and do some decisions.