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Intel CEO Pat Gelsinger Resigns
Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
Pat Gelsinger's successor has big problems to pick up.The departing Intel CEO has struggled with a turnaround and left the company behind on AI.Intel also faces an uphill battle in its bid to outdo its industry rival TSMC.
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.
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.
23h
on MSN
Intel CEO Pat Gelsinger steps down as chipmaker’s struggles continue
Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about ...
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1h
Intel Board Lose Confidence: CEO Gelsinger Forced Out Of Seat
Intel Chief Executive Pat Gelsinger was fired less than four years after taking over, leaving two lieutenants in charge while ...
1h
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.
6h
Intel CEO Gelsinger's removal raises doubts over turnaround plan
Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...
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Intel
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Michelle Johnston Holthaus
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