Intel Appoints Stuart Pann to Lead Intel Foundry Services
Pann to accelerate development of Intel’s open systems foundry offering.
www.intel.com
Intel announced new IFS leader
- Thread starter blueone
- Start date
www.intel.com
On the plus side he is a good friend of Pat Gelsinger.
I was hoping for someone with semi manufacturing experience, foundry experience, or even long and deep foundry customer experience. I could argue the latter is probably very important, because then you have a good feel for what IFS customers will really want.
Intel foundry business leader Randhir Thakur resigns
CEO Pat Gelsinger told employees that Randhir Thakur will lead Intel’s foundry unit through the first quarter of 2023.
hist78
Well-known member
I'm wondering why Intel can't find someone with both business experience and advanced engineering degree (master or PhD) to lead IFS?
There are VPs in IFS who have decent engineering backgrounds, some hired from Samsung, but no one I'm aware of has ever been a foundry user, as in leading significant chip design projects which used foundries. Advanced degrees usually don't impress me much on their own. Experience and accomplishments are what really impress me. I'm just not seeing the relevant experience levels in the people I see in IFS to make me more confident they know what to do to succeed. Perhaps I'm just being too demanding.
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Could be a place holder until the Tower Semi deal closes?
If that's correct, the saga of IFS leadership does not reflect well on the Intel BoD.
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True. Maybe Stuart will be the foundry head reporting to Pat while the IFS and Tower execs run the place with full integration of Tower and IFS to come at a later date.
We will soon find out:
The Tower acquisition may close by the end of the half; And not a word about a change in conditions
The deal between Intel and Tower Tower +0.13%, was signed a year ago. But as time passed, concerns arose that the deal would not be completed, or at least would not be carried out at the set price. As a reminder, in February 2022, Intel and Tower reported a deal: the Israeli chip company was...
semiwiki.com
"The Merger Agreement contains certain customary termination rights by either the Company or Parent, including if the Merger is not consummated by February 15, 2023, subject to two (2) three-month extensions in order to obtain required regulatory approvals."
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So the absolute deadline is 2*3 months from Feb 15, 2023 --> Aug 15, 2023?
O
overmysemis
Guest
Much of Gelsinger's platform is based on the fear of China's government disrupting the semi supply chain. The US government is putting a lot of pressure on China's semiconductor industry. Intel's SAMR overtures to continue investment in China will consequently ring hollow because of US government scrutiny. Consequently, I think that the CCP has more incentives to let the deal die than to approve it.
I think that Intel understands that the odds are against them and is preparing for life without Tower. I don't think that Pann returned to Intel 2 years ago just to be a lame duck IFS head for two years until Ellwanger takes over and then get shuffled elsewhere.
We'll find out by August 15, 2023.