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Intel CEO Pat Gelsinger
Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
On Monday, tech-giant
Intel
announced that its CEO Pat
Gelsinger
had resigned following a tumultuous tenure at the company. Since he took over the company in February 2021, the company’s stock has plunged 61%, and the company announced in August that it ...
Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay
Intel's newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay.
17h
Intel CEO Gelsinger's removal raises doubts over turnaround plan
Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...
17h
Intel CEO Gelsinger, 'driving force' behind Ohio plants, leaves struggling chipmaker
Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...
13h
Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
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