Intel's stock ends lower despite initial upbeat reaction to CEO exit
Intel's stock closed fractionally lower on Monday, despite rising as much as 5.9% earlier in the session on news that Pat Gelsinger is out as CEO. The stock's reversal perhaps signals an investor understanding that Intel's problems are deeper than its leadership.
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, ...
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then ...
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...
Intel faces challenges but could see positive changes with new leadership. Learn why INTC stock might deliver strong returns ...
Shake up in Silicon Valley. Intel CEO Pat Gelsinger announces immediate retirement with the company naming two interim ...
Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are ...
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created ...
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Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titanIntel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...
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