Intel CEO Pat Gelsinger Retires Amid Silicon Valley Firm’s Rut
Intel’s chief executive officer retired effective immediately, the legacy Silicon Valley stalwart announced Monday, a shakeup that follows an extended period of stock market underperformance for the semiconductor chipmaker. Intel’s CEO Pat Gelsinger retired effective immediately Sunday.
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 co-CEOs to lead the chipmaker. He started at Intel in 1979 and was its first chief technology officer.
Intel Corporation's abrupt CEO removal prompts concerns about company direction and execution, leading to a sell downgrade.
Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the ...
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