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Interview with Thomas A. Tombrello - Caltech Oral Histories

Interview with Thomas A. Tombrello - Caltech Oral Histories

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<strong>Tombrello</strong>–94<br />

THOMAS A. TOMBRELLO<br />

SESSION 5<br />

December 27, 2010<br />

TOMBRELLO: OK. We’ve gotten down to the point at which I’ve left <strong>Caltech</strong> for Schlumberger<br />

research lab, and we talked yesterday about some of the underpinnings of that, the preamble to<br />

that. As I said then, I had been a consultant there since ’81. By 1986 the lab had been cut back<br />

dramatically. But they had a lot of people and projects still rattling around, and so they brought<br />

me in on a two-year contract to see if I could straighten it out.<br />

ASPATURIAN: So you took a leave of absence from <strong>Caltech</strong>?<br />

TOMBRELLO: I took a leave of absence. Yes, perhaps a little bit about the negotiations for it.<br />

ASPATURIAN: Sure.<br />

TOMBRELLO: The person who recruited me had become Schlumberger chairman at the end of<br />

1986, so he was a new boy, too. But he had been <strong>with</strong> the company quite a while. His name was<br />

Euan Baird. I met him in ’81; I was having dinner <strong>with</strong> three people and realized that maybe one<br />

of them, or more than one, would be chairman of the corporation. One of them—Michel<br />

Vaillaud—did become chairman and lasted a year, because he couldn’t get rid of Fairchild<br />

Semiconductor, which they had bought after the people who founded it had moved on to found<br />

their own little company, which they called Intel. I had advised against buying it; I said they’d<br />

lose $400 million, because that was the purchase price—and, well, I made a mistake. They lost<br />

$2.5 billion before they realized they were not made to run a semiconductor company.<br />

So they bought a distressed property, shall we say, and then ran it into the ground. But,<br />

anyway, Baird got to be chairman after one year of Vaillaud, and he and I had met once to talk<br />

about how the lab was doing. We met at the Union Club in New York. He wanted me to be<br />

candid about the director they had brought in from Exxon. I was slightly less candid than usual,<br />

but basically I said, “The guy’s not doing a very good job, and the people don’t respect him.” He<br />

http://resolver.caltech.edu/<strong>Caltech</strong>OH:OH_<strong>Tombrello</strong>_T

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