Pages Menu
Categories Menu

Posted in 2015 contender | 0 comments

Intel: Renee James (President)

Why this is a big quit:

At the center of a larger organizational shakeup is the departure of Renee James. James indicated that she left Intel to pursue an external CEO role. Throughout her tenure at Intel, one of her more notable accomplishments was gender diversity. Under her direction Intel announced plans to spend $300 million in training and recruiting female and other underrepresented computer scientists.

Why this is not as big as the top 10:

Her departure may be seen as mutual, due to lower profitability and lack of growth under her leadership. The impact of James’s departure becomes more significant in the context of several resignations within the organization. Intel struggles to advance in the mobile microchip marketplace, where competitors expanded rapidly, however James did little to increase position. Instead, she was largely responsible for Intel’s $7.7 billion acquisition of McAfee in 2011, an acquisition that made little sense to Intel shareholders at the time, and has yet to produce significant returns.