4 ms·

>I feel like this is a mistake. Pat's strategy is aggressive but what the company needs. He's also 63. Has plenty of money to survive the rest of his life. Has

by vlan0 2y ago

>I feel like this is a mistake. Pat's strategy is aggressive but what the company needs. He's also 63. Has plenty of money to survive the rest of his life. Has eight grandchildren. There's so much more to life than business. What's to say he doesn't want to simply enjoy life with more connection and community to loved ones around him?

etempleton 2y ago
True CEO retirements are announced in advance and do not lead to a strange co-interim CEO situation.
- zarzavat 2y ago
  It's possible he's sick. Who could know?
  - KerrAvon 2y ago
    That sort of transition would be managed unambiguously. This is a firing.
shermantanktop 2y ago
That would be a healthy, balanced and long-term-oriented approach. But those who get to the level of CEO are subjected to intense forces that select against those traits. I don’t know much about this guy but it’s reasonable to assume that any C-level exec will hold on to the position for dear life until they are forced out.
- steelframe 2y ago
  > any C-level exec will hold on to the position for dear life until they are forced out I don't know. Frank Slootman's retirement from Snowflake earlier this year was certainly not celebrated by any significant stakeholders. I'd imagine at some point someone like Frank realizes that they are worth more than Tim Cook, they consider that they're in their mid-60s, and they decide the remaining time they have on earth might be better spent in other ways. Every person in the workforce, no matter how ambitious or how senior, is forced into the calculus of money and power vs. good years remaining. I expect the rational ones will select the balance point for themselves.
  - ghaff 2y ago
    There are certainly some indications this was something that was not long in the planning. On the other hand, when (solid) financial security is not a subject on the table, it's a lot easier for many folks to let go--especially given that they can probably do as many board or advisor gigs in the industry as they have an appetite for. Or just go on to a new chapter.
- vlan0 2y ago
  Here's more info on Pat. He is not your average CEO. He wrote this book almost 20 years ago. Why do you resort to conversation about assumptions? The Juggling Act: Bringing Balance to Your Faith, Family, and Work https://www.amazon.com/Juggling-Act-Bringing-Balance-Family/dp/1434768740 https://www.amazon.com/Juggling-Act-Bringing-Balance-Family/...
  - jillyboel 2y ago
    [flagged]
- mountainriver 2y ago
  That’s not at all who Pat is
grahamj 2y ago
> What's to say he doesn't want to simply enjoy life News: https://www.cnbc.com/2024/12/02/intel-ceo-pat-gelsinger-is-out.html?taid=674de7be988d9800014e2c71 https://www.cnbc.com/2024/12/02/intel-ceo-pat-gelsinger-is-o... Intel CEO Pat Gelsinger ousted by board
- Woodi 2y ago
  That "fabs will report to me" should be a tell that there is a lot of internal opposition... Worse (for Intel) what can happen is Intel HP-isation - splits and sells. But there is a lot of good news for them in cpu world: another B's granted, military buys Intel, new no-HT arch. And 80 bit memories like in Multics, can be true virtualisation on x86. Even if x86 is dead Intel still have fabs - AMD can soon print in them :) But that multigeneration refreshes are still a mistery - is it Intel's problem or maybe something else eg. simply someone have a some patent ? :>
renewiltord 2y ago
He got fired, dawg. This is like being told that someone is sleeping with the fishes and concluding that the guy just finds lying in bed next to a bunch of sturgeon the most relaxing way to sleep.

by vlan0 2y ago

etempleton 2y ago

True CEO retirements are announced in advance and do not lead to a strange co-interim CEO situation.

zarzavat 2y ago
It's possible he's sick. Who could know?
- KerrAvon 2y ago
  That sort of transition would be managed unambiguously. This is a firing.

shermantanktop 2y ago

That would be a healthy, balanced and long-term-oriented approach. But those who get to the level of CEO are subjected to intense forces that select against those traits. I don’t know much about this guy but it’s reasonable to assume that any C-level exec will hold on to the position for dear life until they are forced out.

steelframe 2y ago
> any C-level exec will hold on to the position for dear life until they are forced out I don't know. Frank Slootman's retirement from Snowflake earlier this year was certainly not celebrated by any significant stakeholders. I'd imagine at some point someone like Frank realizes that they are worth more than Tim Cook, they consider that they're in their mid-60s, and they decide the remaining time they have on earth might be better spent in other ways. Every person in the workforce, no matter how ambitious or how senior, is forced into the calculus of money and power vs. good years remaining. I expect the rational ones will select the balance point for themselves.
- ghaff 2y ago
  There are certainly some indications this was something that was not long in the planning. On the other hand, when (solid) financial security is not a subject on the table, it's a lot easier for many folks to let go--especially given that they can probably do as many board or advisor gigs in the industry as they have an appetite for. Or just go on to a new chapter.
vlan0 2y ago
Here's more info on Pat. He is not your average CEO. He wrote this book almost 20 years ago. Why do you resort to conversation about assumptions? The Juggling Act: Bringing Balance to Your Faith, Family, and Work https://www.amazon.com/Juggling-Act-Bringing-Balance-Family/dp/1434768740 https://www.amazon.com/Juggling-Act-Bringing-Balance-Family/...
- jillyboel 2y ago
  [flagged]
mountainriver 2y ago
That’s not at all who Pat is

grahamj 2y ago

> What's to say he doesn't want to simply enjoy life News: https://www.cnbc.com/2024/12/02/intel-ceo-pat-gelsinger-is-out.html?taid=674de7be988d9800014e2c71 https://www.cnbc.com/2024/12/02/intel-ceo-pat-gelsinger-is-o... Intel CEO Pat Gelsinger ousted by board

Woodi 2y ago
That "fabs will report to me" should be a tell that there is a lot of internal opposition... Worse (for Intel) what can happen is Intel HP-isation - splits and sells. But there is a lot of good news for them in cpu world: another B's granted, military buys Intel, new no-HT arch. And 80 bit memories like in Multics, can be true virtualisation on x86. Even if x86 is dead Intel still have fabs - AMD can soon print in them :) But that multigeneration refreshes are still a mistery - is it Intel's problem or maybe something else eg. simply someone have a some patent ? :>

renewiltord 2y ago

He got fired, dawg. This is like being told that someone is sleeping with the fishes and concluding that the guy just finds lying in bed next to a bunch of sturgeon the most relaxing way to sleep.