Pat Gelsinger, former Intel CEO, will receive a $12 million severance after resigning due to ineffective turnaround plans.
Outgoing Intel CEO Pat Gelsinger is set to get paid as much as $10 million as he exits the struggling tech giant.
When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth ...
Intel said the severance payment would include $1.9 million as base salary for 18 months and 1.5 times his target bonus of $3 ...
Intel former CEO Pat Gelsinger could get as much as $12 million as payout, a regulatory filing showed on Tuesday, following ...