Intel Corp. announced its now former CEO Pat Gelsinger, who spent most of his more than 40-year career with the Santa Clara, California-based semiconductor manufacturer, had retired on Dec. 1.
Gelsinger, who took over as Intel’s chief executive in February 2021, pushed it to begin making chips for other semiconductor companies while simultaneously designing and manufacturing its own chips. His plan cost billions and has yet to deliver results.
In a Monday release, Intel said it had appointed David Zinser, an executive vice president, and CFO Michelle Johnston Holthaus, the CEO of Intel Products, as interim co-CEOs while the company’s board of directors searches for a new CEO….
2 months ago
