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Intel, Lip-Bu Tan

4 More Changes Intel CEO Lip-Bu Tan Made To His Executive Team

CRN details four previously unreported changes Intel CEO Lip-Bu Tan made to his executive team, which include new responsibilities for CFO David Zinsner and the chief communications officer becoming a direct report.

Benzinga · 12h

Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned'

Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% stock drop over five years.

SiliconANGLE · 16h

Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision

Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the company’s new chief executive. He joined the company in March, ending its months-long search for a successor to previous CEO Pat Gelsinger, who was forced to resign in December amid pressure from board members and investors.

Intel, CEO and Revive Firm

Taipei Times · 2h

New Intel Corp CEO Tan’s bid to revive company overshadowed by bleak outlook

“The current macro environment is creating elevated uncertainty across the industry, which is reflected in our outlook,” Intel chief financial officer David Zinsner said in the earnings report. Zinsner said he does not have an estimate for the size of the workforce reduction.

Bloomberg on MSN · 4h

Intel CEO’s Bid to Revive Firm Overshadowed by Bleak Outlook

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them.

Reuters on MSN · 8h

Intel shares fall as weak outlook overshadows CEO’s turnaround promises

Intel shares fell nearly 6% in premarket trade on Friday after the chipmaker's weak revenue and profit forecast disappointed investors hoping for reassurances from new CEO Lip-Bu Tan's turnaround strategy.

11h

Intel CEO Lip Bu Tan Takes Bold Steps To Revive Chipmaker, Says Bureaucracy Is 'Suffocating The Innovation'

Intel Corp. CEO Lip Bu Tan is taking action to revive the struggling chipmaker, announcing significant organizational changes ...

2h

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

When headcount becomes a KPI, bureaucracy grows and productivity stalls. Intel’s culture reset is a cautionary tale for every business leader.

17h

Intel CEO pledges to get nimble by cutting layers, bureaucracy

Intel Corp. CEO Lip-Bu Tan said the ailing chip giant is going to confront its challenges head-on to get back on track to ...

15hon MSN

‘There are no quick fixes’: Intel’s CEO gives Wall Street a reality check about the chipmaker’s would-be turnaround

Tan, once CEO of chipmaker Cadence Design Systems, didn’t come to the first quarter earnings call armed with a detailed plan ...

2d

Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: Report

Intel plans to cut over 20% of its workforce as part of a major restructuring under new CEO Lip-Bu Tan, aiming to streamline ...

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