this post was submitted on 02 Dec 2024
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David Zinsner and Michelle Johnston Holthaus named interim Co-CEOs. Holthaus also appointed to the newly created position of CEO of Intel Products. Frank Yeary named interim executive chair.

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[–] [email protected] 2 points 1 month ago* (last edited 1 month ago) (1 children)

Dr. Ian Cutress/TechtechPotato is also currently doing a live stream discussing this news on youtube, if someone wants the opinion of an industry expert.

[–] [email protected] 3 points 1 month ago (1 children)

I guess it was highly likely, but this reuters article seems to confirm that he was forced out by the board.

[–] vikingtons 2 points 1 month ago (1 children)

Chances are that this was already decided quite a while ago from now.

[–] [email protected] 1 points 1 month ago (1 children)

When do you roughly think it was decided or more importantly what was the final straw? I guess internally they know more than we do, but considering the long lead times for projects the real make or break point will still be 18A next year and maybe how the GPU endevour progresses.

[–] vikingtons 2 points 1 month ago (1 children)

My guess is that this would have been decided around or just before September.

I don't have many friends left at Intel and I suppose I may never really know how this played out exactly, but it's rare for people in positions like this to voluntarily retire and step down.

[–] [email protected] 2 points 1 month ago

My guess is that this would have been decided around or just before September.

If the decision was already made months ago and they sat on it, then that seems to me like they delayed it until they signed contracts for the CHIPs act money?

but it’s rare for people in positions like this to voluntarily retire and step down.

Yeah, at least not in this fashion and effective immediately. Voluntary retirement would probably be announced in advanced and ideally with a successor already lined up and stepping down due to unforseen circumstances like health issues (themself or in the family) would probably be mentioned in some form.

[–] Alphane_Moon 2 points 1 month ago (1 children)

I was away just for a few days.

I come back and this happens. I am not surprised Gelsinger was kicked out.

[–] [email protected] 2 points 1 month ago

Can i say i am both suprised and not suprised?

The enthusiasm to turn the ship around when Gelsinger rejoined certainly has dissipated, but considering the important milestones (especially 18A) are still on the horizon it seems hard to judge how successful he was.

But unless they have a good replacement lined up relatively soon, having a finance and marketing duo as replacement doesn't seem like an upgrade.