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.
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's ...
On the heels of impactful financial news — much of it negative — Intel made the surprise announcement this week that CEO Pat ...
News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock ...
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Cashing in his chips: Intel CEO retires after 'challenging year' for Silicon Valley tech titanIntel CEO Pat Gelsinger has retired from the Silicon Valley-based tech giant and effectively stepped down from its board of ...
Intel is evaluating outsiders, including former board member Lip-Bu Tan, for the CEO position after Pat Gelsinger's exit. The ...
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