Intel CEO Pat Gelsinger's Sudden Departure Signals Turnaround Troubles
Intel's CEO Pat Gelsinger exits after less than four years amid board pressure over the company's slow transformation pace. The abrupt leadership change leaves Intel searching for new direction as it struggles to compete with rivals like Nvidia and TSMC.
Intel CEO Pat Gelsinger Announces Retirement After Four Decades of Service
Intel Corporation's CEO Pat Gelsinger is set to retire effective December 2024, concluding over 40 years with the company. Two interim co-CEOs will lead while the board searches for a permanent successor, marking a significant leadership transition for the semiconductor giant.
Intel CEO Pat Gelsinger Steps Down After Turbulent Four-Year Tenure
Intel announces the sudden retirement of CEO Pat Gelsinger amid declining revenues and manufacturing challenges, despite securing billions in CHIPS Act funding. The company has appointed interim co-CEOs while searching for a permanent successor to lead its ongoing transformation efforts.