It could be possible that Intel has some kind of plan for long service to employee - but she probably didn't want to retried and got an offer to work for Google.
It seems like to me there is a lot of people in top position say they take off for personal reasons and find out that they get off another job. It was this with Raju.
But this looks a like Move up in position - to become a COO for division - to lead is different than COO. Especial since Data Center is not Intel's main area but with Google that is different story.
I think DCG is Intel's main strategic area of focus. Additionally, Intel's DCG has revenues of about 3 to 4 times that of Google Cloud, from what I could find.
I'm probably nit-picking at semantics, but to me, when someone retires, they stop work, or switch to something very different and low key (e.g. ex-Presidents doing speeches). To me, this is just her quitting one job for another, and cashing in her (earned/deserved) benefits from the former.
don't confuse retiring from a job with retiring for life. When talking about jobs that offer retirement in the first place, quite a few of them allow you to retire from the job and start collecting any sort of pension after 30+ years regardless of your age. Many of them also will allow you to retire from the job after 20 years but not start collecting retirement benefits until you reach "normal" retirement age. Government jobs come to mind easiest but there are still plenty of private sector jobs that do as well even if they aren't as high of a percentage as they were 30+ years ago.
It may be a definition, but it's largely practiced otherwise. As an example, very few military retirees with 20+ years who are still in their 30s and 40s are "retired" from the workforce. Many start new careers with companies and stay long enough to "retire" from that company.
If it was as an adviser or board member, yeah I could see that being retirement. But COO... that is a real job, real demanding... She is not going to get to relax for awhile.
NVidia most likely had nothing to do this, she probably initially wanted to retried but Google gave her offer that she could not refused. It very possible that her retirement actually trigger Google to step in. Especially with 30 years of benefits from Intel, she was good position to negotiate terms.
I think it's possible. Intel's long term data center acceleration plan is a bit of a mess, and acceleration is becoming more and more important. I wouldn't be surprised if the decision to pursue a high performance GPU and Diane Bryant's departure are related in some way. In particular, Intel seems to have been caught completely off guard by the deep learning revolution. A small but significant piece of evidence of that is the cancellation of the Aurora supercomputer, which goes along with the sudden and abrupt rejiggering of the Xeon Phi road map.
She is eligible for the company's retirement package, which many private businesses don't offer anymore. And, she also gets the separation package, which is usually for an exchange of not sharing confidential knowledge and not soliciting. She "retired" from Intel, not that she stopped working. Probably, they didn't offered her a position as CEO of Intel , hence she was looking for opportunities elsewhere.
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Phylyp - Monday, December 4, 2017 - link
Is it still a retirement if you join another company, in a roughly similar role (DC vs cloud)? Isn't it just a resignation?HStewart - Monday, December 4, 2017 - link
It could be possible that Intel has some kind of plan for long service to employee - but she probably didn't want to retried and got an offer to work for Google.It seems like to me there is a lot of people in top position say they take off for personal reasons and find out that they get off another job. It was this with Raju.
But this looks a like Move up in position - to become a COO for division - to lead is different than COO. Especial since Data Center is not Intel's main area but with Google that is different story.
Yojimbo - Monday, December 4, 2017 - link
I think DCG is Intel's main strategic area of focus. Additionally, Intel's DCG has revenues of about 3 to 4 times that of Google Cloud, from what I could find.jtd871 - Tuesday, December 5, 2017 - link
What is it with you calling Raja Koduri 'Raju'?!lutenic - Wednesday, December 6, 2017 - link
common to use Raju for People named Raja, Rajan, Rajesh and other similar name in India.mooninite - Monday, December 4, 2017 - link
She went through "retirement" at Intel to be able to get a nice $4.5 million payday. Wouldn't you?Phylyp - Monday, December 4, 2017 - link
I'm probably nit-picking at semantics, but to me, when someone retires, they stop work, or switch to something very different and low key (e.g. ex-Presidents doing speeches). To me, this is just her quitting one job for another, and cashing in her (earned/deserved) benefits from the former.masouth - Monday, December 4, 2017 - link
don't confuse retiring from a job with retiring for life. When talking about jobs that offer retirement in the first place, quite a few of them allow you to retire from the job and start collecting any sort of pension after 30+ years regardless of your age. Many of them also will allow you to retire from the job after 20 years but not start collecting retirement benefits until you reach "normal" retirement age. Government jobs come to mind easiest but there are still plenty of private sector jobs that do as well even if they aren't as high of a percentage as they were 30+ years ago.boozed - Monday, December 4, 2017 - link
It's not even semantics. Resignation is leaving a job, retirement is leaving the workforce.catavalon21 - Monday, December 4, 2017 - link
It may be a definition, but it's largely practiced otherwise. As an example, very few military retirees with 20+ years who are still in their 30s and 40s are "retired" from the workforce. Many start new careers with companies and stay long enough to "retire" from that company.Sttm - Monday, December 4, 2017 - link
If it was as an adviser or board member, yeah I could see that being retirement. But COO... that is a real job, real demanding... She is not going to get to relax for awhile.yannigr2 - Monday, December 4, 2017 - link
I wonder if Nvidia's success on the data center market has anything to do with this "retirement". On Google things will be probably less stressful.HStewart - Monday, December 4, 2017 - link
NVidia most likely had nothing to do this, she probably initially wanted to retried but Google gave her offer that she could not refused. It very possible that her retirement actually trigger Google to step in. Especially with 30 years of benefits from Intel, she was good position to negotiate terms.iwod - Tuesday, December 5, 2017 - link
Likely so. Google has been paying 10s of millions to Deep Learning and Ai expert at Nvidia. The money for a top COO must be very large sum as well.Yojimbo - Tuesday, December 5, 2017 - link
Google Cloud and Google's AI efforts are two different things.Yojimbo - Tuesday, December 5, 2017 - link
I think it's possible. Intel's long term data center acceleration plan is a bit of a mess, and acceleration is becoming more and more important. I wouldn't be surprised if the decision to pursue a high performance GPU and Diane Bryant's departure are related in some way. In particular, Intel seems to have been caught completely off guard by the deep learning revolution. A small but significant piece of evidence of that is the cancellation of the Aurora supercomputer, which goes along with the sudden and abrupt rejiggering of the Xeon Phi road map.peevee - Monday, December 4, 2017 - link
"separation payment of $4.5 million"Why would not you retire if you have an incentive like that?
Ananke - Monday, December 4, 2017 - link
She is eligible for the company's retirement package, which many private businesses don't offer anymore. And, she also gets the separation package, which is usually for an exchange of not sharing confidential knowledge and not soliciting. She "retired" from Intel, not that she stopped working. Probably, they didn't offered her a position as CEO of Intel , hence she was looking for opportunities elsewhere.