Intel shareholders file case asking ex CEO, CFO to return 3 years of salary

Re:Intel shareholders file case asking ex CEO, CFO to return... by lotsofpulp on Tuesday December 24, 2024 @07:27AM (#42501484)

It is the risk that you won’t be able to convince one of the handful of people capable of understanding the most technologically advanced manufacturing processes in the world, having the right connections in the industry, to lead a culture change to right a ship.

Also, Gelsinger did not get $100M+.

https://finance.yahoo.com/news/pat-gelsinger-lost-massive-14...

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Re:Intel shareholders file case asking ex CEO, CFO to return... by PittleyDunkin on Tuesday December 24, 2024 @08:47AM (#42501858)

Tbf most of this is out of the hands of the CEO, outside the delusions of MBAs

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Re:Intel shareholders file case asking ex CEO, CFO to return... by lotsofpulp on Tuesday December 24, 2024 @08:50AM (#42501876)

And outside the delusions of random internet commenters, businesses that fail to pay market prices for quality labor, especially at the cutting edge, do not succeed. Whether it be CEO or IC electrical engineer/software developer.

That is one of the reasons Intel is where it is, overpaying for MBA talent and underpaying for engineering talent. A person capable of turning around Intel could easily get work at another tech company earn millions with far less risk and far less publicity. Intel needs some of the smartest people in the US working for them, it should have had the reputation of being among the highest paying employers.

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Re:Intel shareholders file case asking ex CEO, CFO to return... by PittleyDunkin on Tuesday December 24, 2024 @11:54AM (#42503074)

CEOs aren't paid for they're labor (as if they're even capable of labor!). They're paid to be a liable wad of meat.

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