Intel (tkr: INTC), lacked a CEO with Technology chops as we recently wrote. Pat Gelsinger has the Technology chops to serve Intel well including his previous stint as Intel CTO before becoming a senior executive at EMC and ultimately CEO of VMWare (VMW). Listen to the most recent episode of the TEK2day Podcast (Click HERE) … Continue reading Pat Gelsinger Will Make A Fine CEO at Intel. This Move Foreshadows A Trend.
Category: Corporate Governance
It is disappointing that Boeing was not forced to purge CEO David Calhoun and its Board as part of yesterday's $2.5 billion DOJ settlement. We most recently wrote about the fact that Boeing needed to purge is CEO and Board in September 2020. Boeing's Board deserves an "F" for its handling of the 737 Max … Continue reading Where Is The Accountability At Boeing?
Yesterday Qualcomm (tkr: QCOM) announced that Cristiano Amon - an engineer - would become the company's next CEO in June. Current QCOM CEO Steven Mollenkopf is also an engineer. This contrasts sharply with Intel (tkr: INTC), CEO Bob Swan - a career CFO. If you regularly read these pages and listen to our TEK2day Podcast … Continue reading Technology CEOs Who Lack Technology Chops
We highlight the six most popular, CEO-centric articles that we published in 2020. CEORater 2020 Technology CEOs of the YearCEORater CEO Hall of Fame Class of 2020Cult of Personality – A Deep Dive On CEO Personality ResearchCEO Quality Is CriticalUsing NLP To Predict CEO ChurnCarlos Brito Is On His Way Out as BUD CEO. Did … Continue reading Our Most Read, CEO-Focused Articles from 2020
Apple CEO in-waiting Jeff Williams is a Tim Cook clone. We argue that Apple's next Chief Executive ought to be a risk-taking, product-focused CEO that conducts him/herself with a sense of urgency to drive Product & Services growth. Another caretaker CEO would be less than optimal. Companies mentioned: Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Cerner … Continue reading Apple’s Next CEO Ought To Be An Innovator
Palantir (tkr: PLTR) is not a Software company no matter how hard it may try. It appears that Palantir has allocated a portion of Costs of Goods Sold to General & Administrative expenses in order to boost Gross Margins in-line with Software company Gross Margins (click here for PLTR table). Doing so helped PLTR benefit … Continue reading Palantir Is Not A Software Company
Cyberbreaches do not receive enough attention. The last time we railed against a company related to a Cyberbreach was the Equifax (tkr: EFX), hack of 2017. That breach was disclosed in September 2017 despite the fact that the company had knowledge of the hack for months. EFX executives sold stock ahead of the disclosure. SolarWinds … Continue reading Is There Another Leg To Drop In The SolarWinds Cyberbreach?
From time to time we have written about CEO Personality and its impact on corporate operations and stock returns. Earlier this week we spoke with Dr. Joseph Harrison of TCU. Dr. Harrison and his team recently performed an Advanced Analytics exercise that analyzed 2,880 CEOs regarding their personality traits and related company stock returns. Click … Continue reading Cult of Personality – A Deep Dive On CEO Personality Research
Snowflake and Tesla are the poster children for irrational valuations and outsized CEO compensation packages. Investors - or more accurately "speculators" - value Analytics company Snowflake (tkr: SNOW) at 183x Revenue. That's right, not 183x depressed earnings. 183x revenue. ($110 billion Market Value on approximately $600 million of Revenue). Speculators value Snowflake 9x more than … Continue reading Nosebleed Technology Stock Valuations & CEO Compensation
The "Pretender" auto companies will likely fail because they don't have Elon Musk. While we have been critical of Tesla's corporate governance, there is no denying Elon Musk's persistence. Musk's level of persistence is rare. It is highly unlikely that the Pretenders (NKLA, NIO, RIDE, WKHS) have an Elon Musk among their senior ranks. The … Continue reading There Is Only One Elon Musk