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Intel CEO Pat Gelsinger resigns
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
Pat Gelsinger's surprise resignation as Intel's CEO on Monday ends his four-year effort to rescue the struggling chipmaker—and his chance to snag a massive stock payday that could have been worth $140 million.
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.
TweakTown
1d
Intel CEO Pat Gelsinger officially departs company likely against his will
Intel CEO Pat Gelsinger has abruptly departed the company after what appears to be a decision the board of directors made ...
Impacts
1d
Intel Board Lose Confidence: CEO Gelsinger Forced Out Of Seat
Intel Chief Executive Pat Gelsinger was fired less than four years after taking over, leaving two lieutenants in charge while ...
1d
Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
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