david zinsner intel news

Intel CEO Pat Gelsinger Steps Down

Intel's interim co-CEO Zinsner says new chief executive will have foundry experience

Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said on Wednesday.

The Associated Press on MSN · 2d

Intel CEO Pat Gelsinger retires; David Zinsner and Michelle Johnston Holthaus named interim co-CEOs

Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will ac

Oregonian · 1d

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.

Intel, co-CEO

CRN · 4h

Interim Intel Co-CEO: ‘The Core Strategy Remains Intact’

Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further clarification on what its board is seeking.

Fortune on MSN · 1d

Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’

And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston Holthaus, CEO of Intel Products, will serve as interim co-chief executive officers while the board of directors searches for a new CEO.

cfodive · 1d

Intel CFO takes interim co-CEO role after board ousts top exec

CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a record loss of $16.6 billion for its most recent quarter.

Intel's New Co-CEO Talks Up Financial Discipline

Intel's new co-CEO on Wednesday talked up the importance of more spending discipline as the chip giant works to execute the strategy put in place by former Chief Executive Pat Gelsinger. The comments ...

Sun City West Independent4h

Intel, amid financial woes, will have new leader

On the heels of impactful financial news — much of it negative — Intel made the surprise announcement this week that CEO Pat ...

CRN4h

Meet New Intel Products CEO Michelle Holthaus: 5 Big Things To Know

Intel on Wednesday explained why its board of directors chose Michelle Johnston Holthaus, a longtime sales and channel leader ...

20h

Meet 2 chip execs reportedly in the running for Intel CEO — one is an outsider

The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...

The Globe and Mail20h

Why Intel (INTC) Stock Is Down Today

Shares of computer processor maker Intel (NASDAQ:INTC) fell 5.9% in the afternoon session after the company announced the retirement of CEO Pat Gelsinger. While the company searches for his ...