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Intel CEO Pat Gelsinger announces immediate retirement; 2 interim co-CEOs named
Shake up in Silicon Valley. Intel CEO Pat Gelsinger announces immediate retirement with the company naming two interim co-CEOs to lead the chipmaker. He started at Intel in 1979 and was its first chief technology officer.
Intel will pay $7M in severance to former CEO Pat Gelsinger, plus millions more in bonuses
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target bonus if he resigned “for good reason.” In a regulatory filing Tuesday, Intel said that it had agreed to pay him that in connection with his retirement.
Intel announces that CEO Pat Gelsinger has retired, and the search is on for his replacement
Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are temporary co-CEOs.
Intel CEO Pat Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created position of CEO of Intel Products, which includes the client
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.
Former Intel CEO Pat Gelsinger eligible for $7M in severance
Securities filing lays out payments that will go to Pat Gelsinger on his retirement from Intel. Former Intel CEO Pat Gelsinger will pocket at least $7 million and maybe more than $10 million with his retirement,
After Losing Billions, Intel CEO Pat Gelsinger Forced Out
In this photo gallery, we analyze Intel's downfall.
Shareholders pay up as Intel ex-CEO Pat Gelsinger is reportedly set to depart with a $12 million golden handshake
Two days ago, the industry was taken aback by Pat Gelsinger's surprise resignation - suddenly deciding to step down as the CEO of Intel and likewise exiting the board of directors. With two co-CEOs working as ad-hoc replacements,
4d
on MSN
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, ...
21h
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 Interim Co-Chief Expects CEO To Have Foundry Background, Stands By Forecast
Intel's interim CEO expects next chief to have manufacturing and product expertise, as the company struggles to keep up with ...
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 ...
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 ...
3d
on MSN
Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’
Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...
9h
on MSN
The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week
Intel named two interim co-CEOs: Chief Financial Officer David
Zinsner
and Michelle
Johnston
Holthaus, general manager of ...
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 ...
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