Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...
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’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.
When Pat Gelsinger took the helm of Intel (NASDAQ: INTC) in 2021, the hope was that he could be the mastermind who engineered ...
"Mr. Gelsinger's sudden departure leaves us unsure of the strategic path ahead for Intel," one analyst says, capturing a ...
A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.
Intel is evaluating outsiders, including former board member Lip-Bu Tan, for the CEO position after Pat Gelsinger's exit. The ...
Intel said Gelsinger would be replaced by interim co-CEOs David Zinsner, Intel’s chief financial officer, and Michelle ...
While the company searches for his replacement, CFO David Zinsner and Michelle Johnston Holthaus, CEO of Intel Products, will lead the company. Following the announcement, analysts are debating the ...
Analysts expect a shake-up to Intel’s foundry business on the heels of Pat Gelsinger’s dramatic exit. The CEO’s sudden retirement has intensified concerns about Intel’s chip-making operation, which ...