"Following CEO Brian Krzanich's presentation at the Sanford C. Bernstein Strategic Decisions Conference, SA contributor Bruce Burnworth wrote a very thoughtful piece in reaction. Burnworth, a long time Intel supporter, acknowledged getting out of the stock in the article, and talked frankly about the need to replace Krzanich."
http://seekingalpha.com/article/3979733-intel-three-negatives-replacement-cycle-insights
Classic BK flub here (watch from 3:30 to just after 4:00):
https://www.youtube.com/watch?v=RJ332yRLiR4
Kramer was trying to help him...and his weak BS was exposed...
Board stupidity is obvious. Promote a SJSU BS Chemist with no business experience to the position of CEO. Only took three years to destroy a company 50years in the making.
The GM of MVE is one of his close associates and hired henchman. RIGHT MF?
They got close when MF was running the ATM.
As for MF he's a callous workaholic.
"No amount of coaching from EVP or TA can make up for lack of neurons density and connection correctly"
You can make millions by becoming one hell of a speaker 😄 Really loved it.
Three "Rs" the one that the board needs to do is "R"eplace the CEO, he is short on the required iQ needed to make the right hand turn!
He is a TMG factory monkey. The more and more you see him where it ain't some staged IDF / CES but a place where he is on stage in free form with really really smart other CEOs or business leaders you can quickly realize he can't compete. He simply isn't as smart. No amount of coaching from EVP or TA can make up for lack of neurons density and connection correctly. Sorry many oldtime long and gone EVP and VP were far more insightful just dang smart than BK. We don't need some TMG/FSM/SJ State hard working monkey we need a brilliant leader, so sad for Intel
The CEO shirt was too big for him.
We still have many of the same managers (now VPs) that have been in different leadership positions for many years. Lots of churn in the bottom layers but towards to top not so much
Didn't he asked for a raise while laying off 12,000 people? That right there should tell us all we need to know about his priority.
San Jose state graduate. Yeah, that says a lot
BK's approval rating is dropping fast on glass door.
The board, if they are competent, should be seriously evaluating his performance. Competency on the board is another issue.