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Intel CEO Pat Gelsinger Resigns

Fortune on MSN · 38m

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.

Hosted on MSN · 1h

Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.

Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.

CNN on MSN · 3h

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.

Intel CEO Pat Gelsinger retires, reports of ultimatum by board

Over the weekend, Intel announced the retirement of its CEO Pat Gelsinger who has been in the role since February 2021.

1d

In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'

On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.

5h

Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'

Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.

10h

Intel CEO Gelsinger's removal raises doubts over turnaround plan

Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...

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