The Death of Intel: When Boards Fail

Created on 2025-01-09T03:04:59-06:00

Intel's board of directors fired a CEO with technical skills and history with the company.
Virtually none of the board of directors has anything vaguely close to qualifications to run a tech firm.
The board is basically being selected by line go uppers from a hedge fund to have someone to dump money in to stocks.
The board consists largely of "professional board members" and members who correlate with the failures of various companies they were members of.
The board wants to gut Intel and sell it for parts for a quick cash-out.