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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.
Analysis: Why Did Intel Oust CEO Pat Gelsinger?
I used the Five Whys analysis, created by the founder of Toyota, to better understand the recent Intel shakeup.
Intel CEO Pat Gelsinger announces retirement, co-CEOs named during tumultuous period
"Leading Intel has been the honor of my lifetime – this group of people is among the best and the brightest in the business, and I'm
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1. Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as interim executive chair.
Intel CEO Pat Gelsinger retires as struggling chipmaker searches for replacement
Gelsinger, whose career has spanned more than 40 years, also stepped down from the company's board, effective Dec. 1, 2024. He started at Intel in 1979 at Intel and was its first chief technology officer. He returned to Intel as chief executive in 2021.
Intel CEO Pat Gelsinger Retires, Steps Down From Board
Intel announced Monday the retirement of CEO Pat Gelsinger and named Executive Vice President and CFO David Zinsner and CEO of Intel Products Michelle Johnston Holthaus as interim co-CEOs. Gelsinger has also stepped down from the board of directors.
Intel’s Gelsinger Isn’t Alone: 2024 Has Been a Record Year for CEO Changes
Key TakeawaysIntel, Starbucks and Nike are just some of the companies that changed their leadership this year.More than 40% were changed because they failed to turn their struggling companies around,
Intel needs more than a new CEO, best to avoid stock, Barron’s says
Pat Gelsinger’s reign at Intel (INTC) began nearly four years ago with a flood of initiatives and hope for the future of the tech titan, but it
Impacts
19h
Apple Intends To Launch Its Modems In Three Years To Rival Qualcomm
Apple plans to introduce its eagerly anticipated line of cellular modem chips next year, which will take the place of parts ...
3d
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 ...
The Business Journals
3d
Intel taps 2 for board as post-Gelsinger stock slide continues
while driving greater efficiency and improving profitability,"
Frank
Yeary
, interim executive chair of the Intel board, ...
4d
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.
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