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Intel CEO Pat Gelsinger
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 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 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.
CRN
6h
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 ...
2h
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 ...
Sun City West Independent
7h
Intel, amid financial woes, will have new leader
On the heels of impactful financial news — much of it negative — Intel made the surprise announcement this week that CEO Pat ...
CRN
6h
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 ...
15h
Intel At The Crossroads. Where Does Intel Go From Here?
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
1d
on MSN
Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
2d
In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'
On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.
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