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Should You Buy Intel Stock as the CEO Steps Down?
In a move that sent ripples through Wall Street, Intel's (INTC) board reportedly forced out CEO Pat Gelsinger due to mounting frustration over the pace of the company's turnaround efforts. The announcement,
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel stock fell again Wednesday prompting an industry analyst to accuse the chipmaker's board of badly mishandling the sudden exit of CEO Pat Gelsinger.The shares had rallied early Monday when news of Gelsinger's departure,
Intel Names New Directors in Wake of CEO Exit
Intel named two chip industry veterans to its board just days after the abrupt exit of CEO Pat Gelsinger. The new board members are Eric Meurice, the former chairman and CEO of ASML Holding, and Steve Sanghi,
Intel Needs More Than a New CEO. Why It’s Best to Avoid the Stock.
Until a new management team shows it can balance Intel’s short- and long-term priorities, investors should avoid the stock.
Intel’s New Board Members Offer Clues About CEO Search
Amid its search for a CEO to succeed Pat Gelsinger, the Intel board beefed up its engineering expertise with two new independent directors on Thursday. Eric Meurice was the CEO of semiconductor equipment manufacturer ASML from 2004 to 2013.
What Pat Gelsinger's Retirement Likely Means for Intel Stock
With his past experience, the company's board hoped Gelsinger's return would help restore its former glory. Now that his retirement has dashed those hopes, David Zinsner and Michelle Johnston Holthaus will serve as interim co-CEOs until the company finds a suitable replacement.
Departing Intel CEO Gets $10 Million
The CEO who nearly ruined Intel will receive $10 million or more as he walks away. Is it too late to turn around the semiconductor maker?
CRN
1d
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 ...
Digi Times
1h
Intel's interim chiefs blend newcomer vision with veteran roots
Following CEO Pat Gelsinger's unexpected retirement announcement, Intel has appointed CFO David Zinsner and EVP Michelle ...
Hosted on MSN
7h
Can Restructure of Top Management Revive Intel Stock's Mojo?
Intel Corporation INTC recently announced the immediate retirement of CEO Pat Gelsinger, with David Zinsner and Michelle ...
12h
on MSN
Intel adds former ASML exec, Microchip interim chief to board amid CEO search
Intel Corporation (NASDAQ:INTC) on Thursday said it was adding former ASML (AS:ASML) chief Eric Meurice and Microchip ...
3d
on MSN
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, ...
The Business Journals
1d
Intel taps 2 for board as post-Gelsinger stock slide continues
Senior execs Dave Zinsner and Michelle
Johnston
Holthaus
were named as interim co-CEOs with Gelsinger's exit. Another ...
Hosted on MSN
12h
Lip-Bu Tan Emerges as Key Candidate in Intel’s CEO Hunt
Intel has begun its search for a new CEO, evaluating several external candidates, including semiconductor industry veteran ...
19h
on MSN
Intel's Pat Gelsinger departing chipmaker with millions in severance
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
3d
Intel CEO Pat Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created ...
2d
on MSN
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 ...
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