The Death of Intel: When Boards Fail

Created: 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.