Intel Board Lose Confidence: CEO Gelsinger Forced Out Of Seat
Intel Chief Executive Pat Gelsinger was fired less than four years after taking over, leaving two lieutenants in charge while the struggling American chipmaker looks for a long-term successor. TakeAway Points: Intel Chief Executive Pat Gelsinger has been forced out less than four years after taking the helm of the company,
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 $20-billion suite of new factories in Ohio and hiring a larger workforce at 132,000 than Intel had ever maintained even during its days as the biggest player in the chip business.
5hon MSN
Intel has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief ...
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
Intel dismissed CEO Pat Gelsinger, who was a driving force behind improving manufacturing capabilities, including the ...
Pat Gelsinger’s exit might open some options, but Intel’s struggles in manufacturing technology and market shifts are still ...
Intel’s board of directors announced Gelsinger’s retirement as chief executive, effective yesterday, today. The company ...
State officials hope Intel CEO Pat Gelsinger's retirement will not impact the chip manufacturer's $20 billion plan for ...
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