Intel, Pat Gelsinger

Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel ousted CEO Pat Gelsinger over the weekend , capping a tumultuous nearly four-year tenure at what was America's leading semiconductor company before its stock price and market share collapsed.
Intel’s Turnaround CEO Pat Gelsinger Steps Down, Ending a Long Tenure at the Chipmaker
Gelsinger, 63, stepped down as CEO and left Intel’s board effective yesterday (Dec. 1), the chipmaker announced today in a press release. David Zinsner and Michelle Johnston Holthaus, two senior Intel executives,
Ousted Intel CEO Pat Gelsinger is leaving the company with millions
Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.
Former Intel CEO Pat Gelsinger calls for prayer and fasting for employees
Former Intel CEO Pat Gelsinger took to social media to invite people to pray and fast for the chipmaker's employees, saying the company is going through a "difficult period."
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
When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.
Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay
Intel's newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay.
Arm CEO Rene Haas on former Intel CEO Pat Gelsinger: “Pat had a strategy that was…”
Arm CEO Rene Haas has shared his thoughts on the challenges facing Intel, the iconic chipmaker that has been struggling in recent years. Haas expressed a sense of sadness at seeing Intel's struggles,
Intel CEO Pat Gelsinger Steps Down: Seeing 61% Stock Crash, Catastrophic Challenges In His Reign
Moreover, Gelsinger also faced the significant boom of artificial intelligence after OpenAI released the famed ChatGPT, leading to many asking for chips to power AI developments and data centers, to which the company did not have an answer during that moment.
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Intel Co-CEOs Outline Strategy Following Pat Gelsinger’s Ouster
Intel’s interim co-chiefs promised to invest heavily in the company’s chip designs and pursue new customers for its contract chip-making business after the architect of the company’s turnaround bid [was abruptly ousted early this month.
Arm CEO Rene Haas on the AI chip race, Intel, and what Trump means for tech
When he was last on Decoder a couple of years ago, Rene called Arm the “Switzerland of the electronics industry,” thanks to how prevalent its designs are. But his business is
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Intel's Pat Gelsinger departing chipmaker with millions in severance
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
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Inside Intel CEO Pat Gelsinger's Incredible $18 Million California Property Portfolio as He Retires From Struggling Tech Company
Intel CEO Pat Gelsinger announced he has retired from his role at the struggling tech company and has also stepped down ...
Pat Gelsinger rallies against claims some chipmakers are struggling to produce good wafers: anyone using yields as a % 'doesn't understand semiconductor yield'
The $10 million he's reportedly receiving in severance pay must soften the blow, but I can't help but assume ex-Intel CEO Pat ...