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Zinsner and Johnston Holthaus Named Interim Co-CEOs
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 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.
CRN
11h
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 ...
Hosted on MSN
3h
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's ...
1h
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 ...
Local News Matters on MSN
2d
Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titan
Intel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...
2d
on MSN
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 ...
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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