Intel will pay $7M in severance to former CEO Pat Gelsinger, plus millions more in bonuses
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target bonus if he resigned “for good reason.” In a regulatory filing Tuesday, Intel said that it had agreed to pay him that in connection with his retirement.
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
When legendary former Intel CEO Andy Grove wrote his bestseller “Only the Paranoid Survive” in 1996 about how to predict tech inflection points that might undermine a business, the notion that his ...
Intel's board has initiated a search for a new CEO, enlisting Spencer Stuart to find external candidates. Matt Murphy of ...
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 CEO exit reignites discussions on splitting off factories, with questions about financial recovery and CHIPS Act ...
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