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.
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a ...
A large number of Americans' metadata has been stolen in the sweeping cyberespionage campaign carried out by a Chinese ...
Intel on Wednesday explained why its board of directors chose Michelle Johnston Holthaus, a longtime sales and channel leader ...
Intel's new co-CEO on Wednesday talked up the importance of more spending discipline as the chip giant works to execute the strategy put in place by former Chief Executive Pat Gelsinger. The comments ...
On the heels of impactful financial news — much of it negative — Intel made the surprise announcement this week that CEO Pat ...
Intel is evaluating outsiders, including former board member Lip-Bu Tan, for the CEO position after Pat Gelsinger's exit. The ...
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