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 Pat Gelsinger retires
Intel Corp. CEO Pat Gelsinger has retired from the company and has stepped down from the board of directors effective immediately. The move comes as Intel is under incredible pressure from external and internal forces after several rounds of layoffs and delays in its attempt to expand semiconductor manufacturing in the U.S.
6hon 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 ...
“Directors felt Gelsinger’s costly and ambitious plan to turn Intel around was not working and the progress of change was ...
Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...
Intel's share price has almost halved this year but jumped 3% at the market open Monday after Pat Gelsinger's retirement was ...
Intel’s CEO came in with high expectations. Less than four years later, he’s gone. Pat Gelsinger was supposed to save Intel.
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 ...
In an October op-ed published in Fortune, a group of former directors praised Pat Gelsinger but called for him to carry out a ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback