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Intel CEO Pat Gelsinger Resigns

Fortune on MSN · 4h

Pat Gelsinger lost out on massive $140 million performance bonus—but he’ll have earned at least $46 million for his four years as Intel’s CEO

Pat Gelsinger's surprise resignation as Intel's CEO on Monday ends his four-year effort to rescue the struggling chipmaker—and his chance to snag a massive stock payday that could have been worth $140 million.

AZ Central · 45m

Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure

On Monday, tech-giant Intel announced that its CEO Pat Gelsinger had resigned following a tumultuous tenure at the company. Since he took over the company in February 2021, the company’s stock has plunged 61%, and the company announced in August that it ...

Hosted on MSN · 3h

Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.

Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.

13h

Pat Gelsinger and Carlos Tavares had the same big problem: Morning Brief

So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones — from Intel and Stellantis — ...

1d

In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'

On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.

7h

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.

12h

Intel CEO Gelsinger's removal raises doubts over turnaround plan

Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...

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