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Tech CEOs who need to go in 2008 (SYMC, AMD, BBND, CC, ALU, INTC)

2007 has been a wild year in the markets and there are many CEOs who aren't making the grade. 24/7 Wall St. has issued a brief list of some recognized CEOs in technology whose shareholders would likely be rewarded if the CEO was axed or stepped down, and who have a great shot at getting the ax in 2008. Most of these CEOs have a recent history of disappointment, and calling a CEO out can't be just over stock prices. Here's the full list, with a brief sentence and a link to the full explanations for each:
  • John Thompson of Symantec (NASDAQ: SYMC): This was a tough one, because I like him personally as a CEO and thought the diversification strategy was not as far out as Wall Street did. But Wall Street talks, here's the full piece on it.
  • Hector Ruiz of Advanced Micro Devices (NYSE: AMD): This was simple, and we think even though he wants to stay that he won't be allowed to. Intel Corp. (NASDAQ:INTC) isn't just winning, it's running away with the processor prize. Here's the full data why he's toast, even if he won't admit it.

Continue reading Tech CEOs who need to go in 2008 (SYMC, AMD, BBND, CC, ALU, INTC)

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 07:20 AM

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