Intel At A Crossroads: CEO Retires
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have left it playing catch-up in critical markets.
Intel CEO Pat Gelsinger Retires Amid Financial Struggles, Comeback Plan
Intel CEO Pat Gelsinger has unexpectedly retired as the chipmaker attempts to bounce back from financial struggles and execute on his ambitious comeback plan.
Intel announces that CEO Pat Gelsinger has retired, and the search is on for his replacement
Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are temporary co-CEOs.
Intel CEO Pat Gelsinger retires, reports of ultimatum by board
Over the weekend, Intel announced the retirement of its CEO Pat Gelsinger who has been in the role since February 2021.
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1. Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as interim executive chair.
Intel CEO Told to Retire or Be Removed
Learn more about why the CEO of Intel was asked to retire or get fired, after the company struggled to keep up with the AI chip competitors.
Intel CEO Pat Gelsinger steps down as chipmaker’s struggles continue
Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger,
Intel CEO Pat Gelsinger Removed After Boardroom Disputes
Intel’s board of directors has ousted CEO Pat Gelsinger, marking the end of a challenging tenure that spanned nearly four years. The decision, announced Monday, follows a turbulent period where the once-dominant semiconductor giant faced a steep decline in market share,
Intel CEO Pat Gelsinger ousted over failed turnaround
Intel CEO Pat Gelsinger resigns under pressure as his turnaround plan fails to meet expectations. With a 60% stock value drop and increasing competition from Nvidia, Intel names interim leaders while searching for a new CEO.
Intel announces that its CEO, Pat Gelsinger, has retired
Pat Gelsinger retired from Intel after a 40-year career. David Zinsner and MJ Johnston Holthaus are interim co-CEOs. The Intel board is on the lookout for a new CEO amidst upcoming challenges. 2024 was a tough year for Intel,
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Gelsinger Gone: What Intel's Big Move Means for INTC Stock
Intel Corp. (NASDAQ: INTC) stock is down an additional 5.8% the day after the company announced that Pat Gelsinger was ...
Intel At The Crossroads. Where Does Intel Go From Here?
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then ...
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.
Are Intel’s Problems Too Big to Fix?
Pat Gelsinger’s exit might open some options, but Intel’s struggles in manufacturing technology and market shifts are still ...
Intel ruled tech. Now it’s in deep trouble
When legendary former Intel CEO Andy Grove wrote his bestseller “Only the Paranoid Survive” in 1996 about how to predict tech inflection points that might undermine a business, the notion that his ...
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Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titan
Intel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...