Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker
Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.
Intel CEO Pat Gelsinger retires
Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company’s board of directors. Intel execs David Zinsner and Michelle Johnston Holthaus have been named interim co-CEOs.
Intel’s CEO hasn’t turned the company around, and now he’s no longer CEO
Intel CFO David Zinsner and Client Computing Group head Michelle Johnston Holthaus will be sharing the title of interim CEO while the company's board of directors searches for a new CEO. Gelsinger has also stepped down from his seat on the board.
Intel's CEO steps down as the chipmaker tries to restore investor confidence
Intel's share price has almost halved this year but jumped 3% at the market open Monday after Pat Gelsinger's retirement was announced.
Intel's Search For New CEO: What Investors Should Know
Intel has begun a search for a new CEO following the sudden departure of Pat Gelsinger. Here are key issues Intel stock investors should know.
Intel Needs More Than a New CEO. Why It’s Best to Avoid the Stock.
Pat Gelsinger’s reign at Intel began nearly four years ago with a flood of initiatives and hope for the future of the tech titan. It ended with a whimper. Gelsinger stepped down with no successor in place.
CRN8y
Intel Partners Shocked At Client Computing Executive Departure In Major Management Shakeup
Skaugen led the charge after Intel reorganized in early 2015 to head the Client Computing Group, which was in charge of processors and modem chips in mobile devices on top of those used in PCs.
Seeking Alpha14d
Intel: This Is The Time To Buy Again
In Q4, Intel’s Client Computing Group business can regain its momentum thanks to the potential boost in sales caused by the company’s recently launched CPUs. Just recently, Intel launched its ...
CNN1y
Intel Corporation
The firm operates through the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX), Mobileye, Accelerated Computing Systems and Graphics (AXG), ...
CRN2y
Intel Names Michelle Johnston Holthaus As PC Unit’s New Leader
Michelle Johnston Holthaus, Intel’s top sales and marketing executive, is taking over as head of the Client Computing Group, the chipmaker’s biggest moneymaker. The move means that Intel’s ...
Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone
Intel’s shares rose 5% Monday after the company announced the 63-year-old Gelsinger, who began his career at the chipmaker in ...