Well, if you want to believe Scott, be my guest. CEO sucessions aren't a subject that is restricted to a few people once the process is underway, and that point is something Scott would know if he were on the loop, and would be able to publish if he really knew.
But I think the crux of the question is that AMD wouldn't have dumped his CEO from his position and from the BoD in the week prior to the quarterly results with immediate effects. That's not how planned succession works. That question wasn't addressed by Scott and others defending this theory.
Going forward, this is the biggest concern to me - Lisa Su spent _only_ 4 months as COO at a multi-billion dollar company! That's not enough time, IMO, unless she is gifted (which could be the case, I just don't know). Two years would seem suitable for a fast rising executive.
We still need to see what other promotions/hiring/firings will follow and, of course, the next quarterly release should be very telling.
That is the point I was making. This obvious rush-job could be as much of a disservice to her as it could be to AMD.
There are things one gains, such as knowledge and wisdom, that come from experience. It is not a simple matter of hitting key job milestones to register on a resume and all of a sudden you know how to do the job you are suddenly promoted to do (Peter principle).
It is great that she is the perfect candidate for the job, and it is awesome that she has the job. But if she is 9 months away from being prepared to take on the duties and responsibilities of the job, well then she is as screwed as the rest of AMD if that is that case.
The world is full of examples of CEO's who rushed into the position as quickly as possible only to then crash and burn (personally as well as the company they commanded), not so many are the counter-examples.
It's a planned moved, but might be a little bit rushed. There's two good possibilities.
1. There's a bit of a chance that AMD will report a disappointing quarter so they rush the announcement now so it doesn't look like RR is leaving due to a bad quarter.
2. AMD is on the verge of announcing some major design win. They want Lisa to announce it as CEO as oppose to RR.
Those are not good possibilities. Rory leaving prior, and not after the quarterly results puts a heavy cloud over the results next week. This is the first thing the market is questioning now, whether the results are really bad. It would be far better to AMD, and to Rory, if results were good and Rory was to leave after disclosing them. Also if AMD is about to announce big design wins, same thing. Rory could deliver and then leave afterwards.
Wasn't Papermaster an issue at AMD some years ago?
Intel war with arm in the mobile space and dumping 4b as discount giving atom away for free is as a sideeffect killing beema and low end kaveri.
That will continue and its not sustainable for amd.
Intel is not providing contra-revenue for Bay Trail-M or Bay Trail-D, which are the parts that are taking share from Kabini/Beema in the low-end PC space.
These products actually look very profitable for Intel.
He really sounded amateurish. He never gave a straight answer, he never said yes or no, every question someone asked him was met with a barrage of marketing terms that were mostly hollowed once put together. I never could see him on top of the things he was supposed to do, but to be fair with him we don't know how much power the board have him to clean up the mess he was supposed to clean and how much disclosure the BoD allowed him to make, and that might have had some impact on his behavior.
On paper. Lipstick all the way.
Enlighten us.
Where did you get the 4 billion number?Its OT but perhaps in another thread you will explain 4b in tablets - as there is practically no phones. I know nobody wants those tablets but 4b...its a long stretch for asus and lenovo to go.
Where did you get the 4 billion number?
Intel Q1-Q2 results
http://mobile.extremetech.com/lates...-far-this-year?origref=https://www.google.dk/
" Intels mobile division has lost an astonishing $2 billion so far this year"
But hey you knew that so lets stay ot.
He is not the visionary that JHH is but over the past three years he has returned AMD to non-GAAP profitability, materially diversified its business, lowered its operating expenses around 30%, maintained cash at near an optimal level of $1 billion (while it would have been easy to deplete most of it), and that he has moved AMD's debt further out the curve with no significant debt coming due until 2019.
Since his primary function was diversification and restructuring, now that he has completed most of these aspects, its time for engineers to lead the company and execute on new designs. RR is not an engineer so in terms of long-term vision, he would not have been able to succeed without Lisa Su. Since she understands technology/engineering a lot better than he does, she is more capable than he is for being the CEO at this time.
Intel is not providing contra-revenue for Bay Trail-M or Bay Trail-D, which are the parts that are taking share from Kabini/Beema in the low-end PC space.
These products actually look very profitable for Intel.
The operating loss for the year also includes R&D expenses for future products in addition to marketing costs.
Also, I think you may not be totally clear on what the "contra-revenue" is for; it's to offset a bill-of-materials deficiency to stick Bay Trail-T into super-cheap tablets.
Thats what they publicly say, the truth is they sell those SoCs at a loss.
krumme
The operating loss for the year also includes R&D expenses for future products in addition to marketing costs.
Nothing they make is as fast as an i5-661.