Intel’s new CEO used to be CFO, and analysts worry he may not have the technical chops to lead the company through the stormy waters ahead: ‘Intel needs a strong technical leader’

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Intel's new CEO used to be the chip giant's CFO, which has sparked a debate among analysts on whether he's the right choice to lead the chip giant.

But he and his team also used the time with investors and analysts to paint an upbeat portrait of the chip company. They reaffirmed Intel's bright future in the data center market, while highlighting the other tech arenas where they said the chipmaker will compete and win: AI, autonomous cars and 5G.

"Bob Swan may be a good executive," Wolf told Business Insider."But there is no question that Intel needs a strong technical leader.""100% agree with that statement and that was undoubtedly a major concern when Swan was announced," he told Business Insider."What Intel needed, and needs, at the top is someone who knows how to execute and someone with a deep technology/architectural background."Intel pushed back on that perspective.

Bernstein Research analyst Stacy Rasgon noted that Swan's predecessor left problems that the Intel CEO must now try"to clean up.""So not sure it's the case that all tech-focused leaders have been good either," he told Business Insider.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

This CFO couldn’t get hired at 61, so he started his own business — and hired lots of seniorsThis CFO couldn’t get hired at 61, so he started his own business Isn’t that what becoming a consultant basically is? I think senior is the wrong word here. How about people his own age. Stop this. He is the Scumbag CEO.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

New Intel CEO Bob Swan takes a humble tone in a meeting with investors after a huge earnings shortfall: ‘We let you down’At Bob Swan's first shareholder meeting as Intel CEO, he took a humble tone, saying that the company fell short of expectations.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »