Seven months ago, Intel got a blessing not in disguise when its CEO, Brian Krzanich, was forced out amid a sexual impropriety scandal. Since then, there has been near radio silence and not a hint of who could take the captain’s chair of this $50 billion ship.
It stands in stark contrast to the CEO search at Microsoft, where one outsider name after another came up in the press, only for the company to go with the internal candidate, Satya Nadella, and no one would dare say that was a bad choice.
Initially, the betting money was on Murthy Renduchintala, head of Intel’s client group, to lead the company, but that talk has faded. The problem now, according to analysts I spoke with, is the board can’t make up its mind and the best people aren’t in the running.