4 ms·
High Output Management always gets recommended. How did his management work out for Intel?
by rjzzleep 5y ago
High Output Management always gets recommended. How did his management work out for Intel?
- senko 5y agoTo quote Wikipedia: > He was the third employee and eventual third CEO of Intel, transforming the company into the world's largest semiconductor company. Looks like it worked pretty well. Also from Wikipedia: > He relinquished his CEO title in May 1998, [...] and remained chairman of the board until November 2004. Care to guess when the decisions causing today's woes for Intel started happening?
- rjzzleep 5y agoI stand corrected.
- cushychicken 5y agoHe became CEO in 1987, when Intel's stock price was in the range of $0.10-0.20. When he left the post of CEO in May 1998, Intel's stock price was ~$9.50. A 10x return over a decade is pretty damn good.
- mandeepj 5y ago> A 10x return over a decade is pretty damn good I think it was 100x
- santoshalper 5y agoAssuming your facts are correct, your math isn't. $0.10 -> $9.50 is a 95x return.