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Intel CEO Pat Gelsinger resigns

LA Times on MSN · 17h

Intel CEO Pat Gelsinger retires; David Zinsner and Michelle 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 ac

Oregonian · 2h

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.

CCN on MSN · 9h

Intel CEO Pat Gelsinger Ousted – Who Is His Replacement?

Key Takeaways Pat Gelsinger has stepped down as the CEO of Intel. Gelsinger was forced out by the board, which is seeking to turn the struggling chipmaker around. Intel has appointed Chief Financial Officer David Zinsner and Executive Vice President Michelle Johnston Holthaus as interim co-CEOs.

5h

Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’

Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...

1d

Intel CEO Pat Gelsinger Retires; Names David Zinsner And Michelle Johnston Holthaus Interim Co-CEOs

Intel Corp. (INTC) announced Monday that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has ...

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