He joined Intel in 2015 from, where he had spent almost 12 years and had most recently been an executive vice president, according to his LinkedIn profile. Intel initially put him in charge of its client and internet of things businesses and its systems architecture group. In 2016 he sent other top leadersIn his most recent role, Renduchintala had leadership in technology, engineering and manufacturing.
"His group brings together all of Intel's major technology, engineering and manufacturing functions," Intel said of Renduchintala on its website. "These functions encompass semiconductor process technology, manufacturing and operations, systems and product architecture, IP development, design and system-on-chip engineering, software and security, and Intel Labs.."
He was among Intel's highest-paid executives, with $26,885,400 in total compensation for the year that ended on December 28, 2019, according to aRenduchintala's group is being split into five, including the technology development group led by Ann Kelleher, who will work on bringing out 7-nanometer chips. She joined Intel in 1996.
Bob Swan was a CFO in his earlier life and not technical. Big problem !!! He will not know what and how to fix. He will be clueless on fixing the issue and will just go by gut. Company doomed !!!
They need to fire the COB, CEO, VP of Process development. Intel needs to have a Technical CEO. A CFO cannot run a complex semiconductor company, such as Intel. There needs to be a thorough cleansing of Intel VP's. Intel has had progressively worse CEOs after Andy Grove.
AMD already took the lead of the next-gen 7-nm chips.
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Source: CNBC - 🏆 12. / 72 Read more »