Intel Corp (INTC)

[rudedog]

I agree - this is simply beyond understanding. A friend who once worked for Ruiz described him as follows:

He has a huge ego, even for a CEO. He likes to slap his d--k on the table and talk about what a big hitter he is. He trash talks other tech leaders.

On top of that he is a terrible manager - he sets his direct reports against each other, defines conflicting charters to drive 'creative discord' and treats his best people as inferiors. He also shows open favoritism to his lackeys and rewards loyalty over accomplishment.

I thought Ruiz was way overrated even before he went to AMD, and I regard his time at AMD as a disaster for the company. Hard to believe anyone could have been worse than Jerry but Ruiz managed it. This is a rare case of a poser finally getting caught out.