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Intel CEO Pat Gelsinger Resigns

Business Insider on MSN · 1h

Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.

Intel is in the midst of a shake-up that will see its next leaders take on the challenges of catching up in the AI race and navigating Donald Trump.

TechCrunch · 2h

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.

Oregonian · 1h

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.

19h

In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'

On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.

53m

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.

5h

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 ...

1d

Pat Gelsinger’s Departure Reminds Intel Cares About Accessibility As It Does Chips

Corporate governance changes are usually far afield from my coverage area, but Gelsinger’s descension merits an exception.

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