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Intel, Pat Gelsinger
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 from the struggling chipmaker, according to company filings.
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
When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.
Ousted Intel CEO Pat Gelsinger is leaving the company with millions
Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.
The Business Journals
1d
What's next for Intel after CEO Pat Gelsinger's departure
With its CEO reportedly forced out, uncertainty about Intel's future heightens.
Pat
Gelsinger
's sudden exit from Intel prompted reports that the CEO was forced out and speculation about what it ...
AZ Central
2d
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 ...
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