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 ...
Intel’s Big Bet That Sank the Stock and Its CEO
Intel’s stock has plummeted 61% since Gelsinger took the helm in February 2021, according to Dow Jones Market Data. The S&P ...
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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 ...
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 ...
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.
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Intel CEO Pat Gelsinger announces immediate retirement; 2 interim co-CEOs named
Shake up in Silicon Valley. Intel CEO Pat Gelsinger announces immediate retirement with the company naming two interim ...
Intel: Challenges For The New CEOs
Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...
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Gelsinger departs Intel with $9.7M handshake
CEO's severance pales in comparison to Musk's billion-dollar Tesla battle Outgoing Intel chief executive Pat Gelsinger is set ...
Intel CEO Pat Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created ...