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Zinsner and Johnston Holthaus Named Interim Co-CEOs
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 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.
Intel announces that CEO Pat Gelsinger has retired, and the search is on for his replacement
Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are temporary co-CEOs.
CRN
11h
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 ...
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3h
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's ...
2d
on MSN
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 ...
CRN
11h
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 ...
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Intel
Pat Gelsinger
David Zinsner
Chief executive officer
Frank Yeary
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