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Intel CEO Pat Gelsinger resigns
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.
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
Pat Gelsinger's surprise resignation as Intel's CEO on Monday ends his four-year effort to rescue the struggling chipmaker—and his chance to snag a massive stock payday that could have been worth $140 million.
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. Since he took over the company in February 2021, the company’s stock has plunged 61%, and the company announced in August that it ...
1d
In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'
In an internal meeting on Monday, Intel's interim leadership addressed CEO Pat Gelsinger's abrupt departure.
14h
Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
16h
Intel begins to identify candidates to replace ousted CEO Gelsinger - Reuters
Intel has started shortlisting a handful of candidates, including a former board member, to be its next chief executive.
1d
on MSN
Intel’s next CEO faces ‘deadweight’ that won’t be easy to lift
Pat Gelsinger bet his legacy on returning Intel to manufacturing greatness. That puts his successor in a tough spot.
14h
Intel’s Big Bet That Sank the Stock and Its CEO
Analysts expect a shake-up to Intel’s foundry business on the heels of Pat Gelsinger’s dramatic exit. Intel’s stock has plummeted 61% since Gelsinger took the helm in February 2021, according to Dow ...
14h
on MSN
Intel considers an outside CEO, taps headhunters
Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster ...
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Michelle Johnston Holthaus
David Zinsner
Chief executive officer
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