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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,
What Pat Gelsinger's Retirement Likely Means for Intel Stock
Intel (NASDAQ: INTC) is set to begin a new phase of its history amid the sudden retirement of CEO Pat Gelsinger. Gelsinger spent most of his career at Intel. He helped to develop the i486 microprocessor in the 1980s,
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.
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.
Intel CEO Pat Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created position of CEO of Intel Products, which includes the client
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, Intel announced that its CEO Pat Gelsinger was stepping down from his post after more than three years.
Intel CEO Pat Gelsinger steps down as chipmaker’s struggles continue
Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.
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.
Here's what Wall Street analysts say is ahead for Intel after CEO Pat Gelsinger's departure
Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.
Intel's ousted CEO Gelsinger to receive up to $12 mln payout
Intel former CEO Pat Gelsinger could get as much as $12 million as payout, a regulatory filing showed on Tuesday, following his ouster from the struggling U.S. chipmaker.
Intel Set to Pay Ousted CEO Gelsinger as Much as $10 Million
Intel Corp.’s ousted Chief Executive Officer Pat Gelsinger, who was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, is set to receive as much as $10 million in severance pay.
CRN
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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 ...
Digi Times
1h
Intel's interim chiefs blend newcomer vision with veteran roots
Following CEO Pat Gelsinger's unexpected retirement announcement, Intel has appointed CFO David Zinsner and EVP Michelle ...
Hosted on MSN
6h
Can Restructure of Top Management Revive Intel Stock's Mojo?
Intel Corporation INTC recently announced the immediate retirement of CEO Pat Gelsinger, with David Zinsner and Michelle ...
Investor's Business Daily on MSN
9h
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel named two interim CEOs, David Zinsner, Intel's chief financial officer, and Michelle
Johnston
Holthaus
, CEO of ...
13h
Intel Interim Co-Chief Expects CEO To Have Foundry Background, Stands By Forecast
Intel's interim CEO expects next chief to have manufacturing and product expertise, as the company struggles to keep up with ...
Hosted on MSN
5h
Should You Buy Intel Stock as the CEO Steps Down?
In a move that sent ripples through Wall Street, Intel's (INTC) board reportedly forced out CEO Pat Gelsinger due to mounting ...
2d
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 ...
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 ...
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