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Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement.Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger,
Intel Stock Finishes Lower After Company Says CEO Has Retired
News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock finishing marginally lower as the company sought to reassure investors that things might improve after a punishing year.
Intel Needs More Than a New CEO. Why It’s Best to Avoid the Stock.
Until a new management team shows it can balance Intel’s short- and long-term priorities, investors should avoid the stock.
Inside Intel CEO Pat Gelsinger's Incredible $18 Million California Property Portfolio as He Retires From Struggling Tech Company
Intel CEO Pat Gelsinger announced he has retired from his role at the struggling tech company and has also stepped down from its board of directors, a move that took effect Dec. 1, 2024—and one that saw Intel's stock rise by 3.
What Pat Gelsinger's Retirement Likely Means for Intel Stock
With his past experience, the company's board hoped Gelsinger's return would help restore its former glory. Now that his retirement has dashed those hopes, David Zinsner and Michelle Johnston Holthaus will serve as interim co-CEOs until the company finds a suitable replacement.
Intel: The Problems Gelsinger Leaves Behind
Intel's struggles with semiconductor leadership and competition from Nvidia, highlighted by CEO's departure. Check out why I consider INTC stock a sell.
CRN
2d
Meet New Intel Products CEO Michelle Holthaus: 5 Big Things To Know
Intel on Wednesday explained why its board of directors chose Michelle Johnston Holthaus, a longtime sales and channel leader ...
20h
on MSN
These 2 Chip Stocks Are Set to Capitalize on Intel's CEO Crisis
Investors don't seem to know what to do with Intel's (NASDAQ: INTC) recent CEO announcement. The ailing chipmaker issued a ...
1d
Intel taps 2 for board — including Microchip CEO — as post-Gelsinger stock slide continues
Steve Sanghi is the chairman of Microchip Technology (Nasdaq: MCHP), a chipmaker that has a plant in Gresham. He was ...
Investor's Business Daily on MSN
1d
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel named two interim CEOs, David Zinsner, Intel's chief financial officer, and Michelle
Johnston
Holthaus
, CEO of ...
Digi Times
1d
Intel's interim chiefs blend newcomer vision with veteran roots
Following CEO Pat Gelsinger's unexpected retirement announcement, Intel has appointed CFO David Zinsner and EVP Michelle ...
CRN
2d
Interim Intel Co-CEO: ‘The Core Strategy Remains Intact’
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
8h
on MSN
The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week
Super Micro Computer started the week with a super stock move. The embattled AI server maker said a final review found no ...
1d
on MSN
Intel's Pat Gelsinger departing chipmaker with millions in severance
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
Hosted on MSN
3d
Explainer: Intel CEO steps down in leadership reshuffle welcomed by Wall Street
Intel senior leaders, David Zinsner and Michelle Johnston Holthaus, were announced as interim co-CEOs while the board of ...
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