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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,
Intel Stock Finishes Lower After Company Says CEO Has Retired
News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock finishing marginally lower as the company sought to reassure investors that things might improve after a punishing year.
Pat Gelsinger retires as CEO of Intel after poor company performance
Pat Gelsinger retires as Intel’s CEO David Zinsner and Michelle Johnston Holthaus appointed interim co-CEOs Intel’s most recent quarterly revenue had dropped 6% as it undergoes restructuring efforts After a near four-year stint as CEO of Intel,
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.
What Pat Gelsinger's Retirement Likely Means for Intel Stock
With his past experience, the company's board hoped Gelsinger's return would help restore its former glory. Now that his retirement has dashed those hopes, David Zinsner and Michelle Johnston Holthaus will serve as interim co-CEOs until the company finds a suitable replacement.
Intel At A Crossroads: CEO Retires
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have left it playing catch-up in critical markets.
Intel’s revival under Pat Gelsinger: Bold promises, unmet expectations
Gelsinger’s appointment as CEO in 2021 was heralded as a potential turning point for Intel — a return to its engineering roots and a bold move to reclaim its industry leadership. It was the time when Intel’s annual revenue was inching to $80 billion,
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Intel said on Monday that CEO Pat Gelsinger was retiring, effective immediately. Two senior leaders will take over as interim co-CEOs while it searches for a permanent replacement. The move calls into question the company's strategic direction and the future of its foundry business.
CRN
1d
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
7h
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 ...
CRN
12h
Intel Adds Two Veteran Semiconductor Leaders To Its Board
Intel said on Thursday that it has added former ASML CEO Eric Meurice and interim Microchip Technology CEO Steve Sanghi to ...
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 ...
Hosted on MSN
6h
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 ...
CRN
1d
Interim Intel Co-CEO: ‘The Core Strategy Remains Intact’
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
DMR News (English) on MSN
12h
Lip-Bu Tan Emerges as Key Candidate in Intel’s CEO Hunt
Intel has begun its search for a new CEO, evaluating several external candidates, including semiconductor industry veteran ...
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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Intel
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Frank Yeary
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