4 Tech CEOs Who Should Get the Boot NOW

Ballmer's on his way out ... and these guys should be too

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Scott McGregor

Broadcom185 4 Tech CEOs Who Should Get the Boot NOWCompany: Broadcom
CEO Since:
 2005
Return During Tenure:
 14%

Semiconductor company Broadcom (BRCM) is at the core of one of the hottest trends in tech: mobile. But the company’s CEO, Scott McGregor, has not been able to keep up with his rivals like Qualcomm (QCOM) … perhaps because the company has been distracted with other businesses like networking and broadband chips.

Whatever the reason, McGregor seems more like an industry follower, not a leader. And this may be starting to bite into the business in a material way. Just look at the dismal Q2 earnings report, which saw the wireless business fall 3%.

While the stock is in the black over McGregor’s entire time at the helm, BRCM has shed an ugly 24% so far in 2013 … with 20% of that slide coming in the last month.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/4-tech-ceos-who-should-get-the-boot-now/.

©2014 InvestorPlace Media, LLC

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