[pointyfence]

"Rehiring retired people to me signals the new CEO has no trust in people that already are there. And that is usually bad news."

That's right. Any time an organization goes with "let's bring back the band," I become a little more skeptical than before. Not just because of what it implies on the quality of the bench, but I'm also wary of this halo effect of the good old days masking what's really needed today instead of living in yesteryear.

Gelsinger seems like a pretty good pick for Intel given how disastrous their last CEO search went, but in the earnings call today, there was a lot of invoking the Old Gods and Intel history. I get why they're doing it, but it's a different competitive landscape and Intel today.

[perfopt]

Perhaps the people that are already there are (part of) the reason Intel is where it is. I was at Intel many years ago, quit mainly because the work got boring, the pay stagnant, and competitors offered me more. I was pleasantly surprise to land at a place where internal politics was lower, work more fun, and pay better. I have switched since to yet another great place to work. I will probably never go back to Intel again.