The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...

Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...

Intel Corporation CEO Pat Gelsinger's sudden retirement stuns markets, sparking speculation of a rift and potential foundry ...

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 ...

"Mr. Gelsinger's sudden departure leaves us unsure of the strategic path ahead for Intel," one analyst says, capturing a ...

Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...

Gelsinger started at Intel in 1979 and was its first chief technology officer. He returned to the company as chief executive in 2021.

Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.

Intel in the past had a measured process of ascension for future CEOs. A candidate would be anointed president and COO, ...

Intel is evaluating outsiders, including former board member Lip-Bu Tan, for the CEO position after Pat Gelsinger's exit. The ...

Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...

Intel said Gelsinger would be replaced by interim co-CEOs David Zinsner, Intel’s chief financial officer, and Michelle ...