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Intel, Pat Gelsinger
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 from the struggling chipmaker, according to company filings.
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.
Inside Intel CEO Pat Gelsinger's Incredible $18 Million California Property Portfolio as He Retires From Struggling Tech Company
The post Inside Intel CEO Pat Gelsinger's Incredible $18 Million California Property Portfolio as He Retires From Struggling Tech Company appeared first on Real Estate News & Insights | realtor.com®.
What Pat Gelsinger's Retirement Likely Means for Intel Stock
Intel ( INTC -2.27%) is set to begin a new phase of its history amid the sudden retirement of CEO Pat Gelsinger. Gelsinger spent most of his career at Intel. He helped to develop the i486 microprocessor in the 1980s, and Intel co-founder Andrew Grove mentored him before he moved on to other opportunities.
Ousted Intel CEO Pat Gelsinger is leaving the company with millions
Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, tech-giant Intel announced that its CEO Pat Gelsinger had resigned following a tumultuous tenure at the company.
Pat Gelsinger lost out on massive $140 million performance bonus—but he’ll have earned at least $46 million for his four years as Intel’s CEO
When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel ousted CEO Pat Gelsinger over the weekend , capping a tumultuous nearly four-year tenure at what was America's leading semiconductor company before its stock price and market share collapsed.
Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay
Intel's newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay.
Here's what Wall Street analysts say is ahead for Intel after CEO Pat Gelsinger's departure
Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.
4d
Intel CEO Pat Gelsinger retires
Intel CEO Pat Gelsinger retired Sunday, after more than 40 years in the industry. The company quickly named two interim ...
6h
Intel: Should Have Kept Gelsinger (Rating Downgrade)
Intel Corporation's abrupt CEO removal prompts concerns about company direction and execution, leading to a sell downgrade.
21h
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 ...
1d
Intel adds two new directors with CEO search underway
Intel on Thursday announced the appointment of two new directors with significant semiconductor manufacturing experience as ...
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