Ceo Pat Gelsinger
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Ex-Intel CEO Says Will Fast This Week For 100,000 Employees. Here's Why
Gelsinger's appeal follows his abrupt removal by the Intel board, who lost confidence in his strategic vision.
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Intel's Interim Co-CEO David Zinsner Says New Chief Executive Will Have Foundry Experience
Intel's interim co-CEO David Zinsner said that the company's next chief executive officer will have manufacturing expertise as well as experience in the product side of the chipmaking business. The firm has reportedly started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a ...
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Intel Stands By Forecast After CEO Exit, Vows To Be Thriftier
Intel Corp, fresh off the abrupt departure of Chief Executive Officer Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein on capital spending.
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Intel Said to Approach Candidates for CEO Role, Including Former Board Member Lip-Bu Tan
Intel is said to be considering several external candidates for the position of Chief Executive Officer, including former board member Lip-Bu Tan. The company recently ousted veteran Pat Gelsinger, three years after he inherited a company rife with challenges that he compounded.
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Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
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"Honour Of My Lifetime": Pat Gelsinger After Stepping Down As Intel CEO
Pat Gelsinger has stepped down as the CEO of Intel Corporation effective December 1, just under four years after taking the top job.
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As Intel Forces CEO Pat Gelsinger Out, What's Next For American Chipmaker
Less than four years after taking the helm of Intel, Chief Executive Pat Gelsinger resigned from the company on Monday following pressure from the board.
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Intel CEO To Unveil Cost-Cutting Plan In September Meeting
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending.
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''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Intel's Mobileye IPO Not Capital Raise but Market Entry for Self-Driving Tech Firm, CEO Pat Gelsinger Says
Intel's initial public offering of its self-driving tech company Mobileye was not a capital raise but part of the company's efforts to make an entry into the market, CEO Pat Gelsinger said on Monday. He also said he believes self-driving cars could become commonplace on the streets by the middle of the decade. Gelsinger was asked about why Intel wa...
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Intel CEO Pat Gelsinger Earned 1,711 Times More Than Average Company Worker in 2021, US Filing Shows
Intel CEO Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed.
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Intel CEO Pat Gelsinger Calls Bitcoin ‘Climate Crisis’, Says Upcoming Blockchain Chip Will Help Curb It
Intel is working on a blockchain chip that is claimed to reduce the environmental impact Bitcoin mining. Intel CEO Pat Gelsinger says that this crypto mining chip, currently under development, will be energy efficient. Intel claims the chip to be 1000 times better in per watt performance than mainstream GPUs for SHA-256 based mining.
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Intel CEO Aims To Build Chip Plants With Money Raised From Mobileye IPO
Chief Executive Pat Gelsinger said the IPO will allow Mobileye to grow more easily as global carmakers spend billions of dollars to accelerate their transition to electric and self-driving vehicles.
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Apple, Intel Said to Be Among Attendees of White House Meeting on Chip Shortage
Intel CEO Pat Gelsinger plans to attend a virtual White House meeting on the global chip shortage, along with representatives from companies including Apple, Microsoft, Samsung Electronics, GM, Ford, and Stellantis, people familiar with the matter said.
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Ex-Intel CEO Says Will Fast This Week For 100,000 Employees. Here's Why
Gelsinger's appeal follows his abrupt removal by the Intel board, who lost confidence in his strategic vision.
-
Intel's Interim Co-CEO David Zinsner Says New Chief Executive Will Have Foundry Experience
Intel's interim co-CEO David Zinsner said that the company's next chief executive officer will have manufacturing expertise as well as experience in the product side of the chipmaking business. The firm has reportedly started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a ...
-
Intel Stands By Forecast After CEO Exit, Vows To Be Thriftier
Intel Corp, fresh off the abrupt departure of Chief Executive Officer Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein on capital spending.
-
Intel Said to Approach Candidates for CEO Role, Including Former Board Member Lip-Bu Tan
Intel is said to be considering several external candidates for the position of Chief Executive Officer, including former board member Lip-Bu Tan. The company recently ousted veteran Pat Gelsinger, three years after he inherited a company rife with challenges that he compounded.
-
Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
-
"Honour Of My Lifetime": Pat Gelsinger After Stepping Down As Intel CEO
Pat Gelsinger has stepped down as the CEO of Intel Corporation effective December 1, just under four years after taking the top job.
-
As Intel Forces CEO Pat Gelsinger Out, What's Next For American Chipmaker
Less than four years after taking the helm of Intel, Chief Executive Pat Gelsinger resigned from the company on Monday following pressure from the board.
-
Intel CEO To Unveil Cost-Cutting Plan In September Meeting
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending.
-
''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
-
Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
-
Intel's Mobileye IPO Not Capital Raise but Market Entry for Self-Driving Tech Firm, CEO Pat Gelsinger Says
Intel's initial public offering of its self-driving tech company Mobileye was not a capital raise but part of the company's efforts to make an entry into the market, CEO Pat Gelsinger said on Monday. He also said he believes self-driving cars could become commonplace on the streets by the middle of the decade. Gelsinger was asked about why Intel wa...
-
Intel CEO Pat Gelsinger Earned 1,711 Times More Than Average Company Worker in 2021, US Filing Shows
Intel CEO Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed.
-
Intel CEO Pat Gelsinger Calls Bitcoin ‘Climate Crisis’, Says Upcoming Blockchain Chip Will Help Curb It
Intel is working on a blockchain chip that is claimed to reduce the environmental impact Bitcoin mining. Intel CEO Pat Gelsinger says that this crypto mining chip, currently under development, will be energy efficient. Intel claims the chip to be 1000 times better in per watt performance than mainstream GPUs for SHA-256 based mining.
-
Intel CEO Aims To Build Chip Plants With Money Raised From Mobileye IPO
Chief Executive Pat Gelsinger said the IPO will allow Mobileye to grow more easily as global carmakers spend billions of dollars to accelerate their transition to electric and self-driving vehicles.
-
Apple, Intel Said to Be Among Attendees of White House Meeting on Chip Shortage
Intel CEO Pat Gelsinger plans to attend a virtual White House meeting on the global chip shortage, along with representatives from companies including Apple, Microsoft, Samsung Electronics, GM, Ford, and Stellantis, people familiar with the matter said.
