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Intel CEO Pat Gelsinger resigns

LA Times on MSN · 17h

Intel CEO Pat Gelsinger retires; David Zinsner and Michelle 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 ac

Oregonian · 2h

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.

Quartz on MSN · 3h

Intel's ousted CEO may get more than $10 million in severance

Outgoing Intel CEO Pat Gelsinger is set to get paid as much as $10 million as he exits the struggling tech giant.

Local News Matters on MSN11h

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 ...

5h

Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’

Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...

1d

Intel CEO Pat Gelsinger Retires; Names David Zinsner And Michelle Johnston Holthaus Interim Co-CEOs

Intel Corp. (INTC) announced Monday that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has ...

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