Intel has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of chief ...
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...
CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a ...
Gelsinger's severance is in line with the terms of his CEO employment agreement with Intel "in the event Mr. Gelsinger's ...
Intel said the severance payment would include $1.9 million as base salary for 18 months and 1.5 times his target bonus of $3 ...
Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...
The company has enlisted executive search firm Spencer Stuart to help find a new chief and is evaluating candidates.
After a 52% stock plunge in 2024, a 6% revenue drop paired with a whopping $16.6 billion loss in the latest quarter, Intel’s ...