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.
A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
Local News Matters on MSN1d
Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titanIntel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...
News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock ...
Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...
Intel Corp (NASDAQ: INTC) narrows search for new CEO, ex-board member Lip-Bu Tan a potential candidate. Struggling ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback