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Intel appoints two chip industry veterans to board, hunt for CEO continues
The addition of Meurice, former ASML CEO, and Sanghi, Microchip Technology interim CEO, brings back some much-needed semiconductor expertise to the board following Lip-Bu Tan’s departure in August. The board’s interim executive chair,
Intel Shakes Up Board With ASML And Microchip Technology Veterans Amid CEO Transition
Intel Corporation has appointed semiconductor industry veterans Eric Meurice and Steve Sanghi to its board of directors, the company announced Thursday, Dec. 5, 2024, as it navigates through significant leadership transitions and market challenges.
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Intel Seeks CEO with Foundry Expertise Following Gelsinger’s Resignation
Intel’s search for a new CEO is focused on candidates with strong manufacturing backgrounds, particularly in foundry operations, interim co-CEO David Zinsner revealed at the UBS Technology Conference on Wednesday.
Intel shores up board with Microchip CEO, former ASML chief
Intel, the embattled chipmaker seeking a new chief executive officer, added two semiconductor industry veterans to its board in a move the company said would bring "experience and operational vigor."
These 2 Chip Stocks Are Set to Capitalize on Intel's CEO Crisis
Investors don't seem to know what to do with Intel's (NASDAQ: INTC) recent CEO announcement. The ailing chipmaker issued a press release before markets opened on Monday saying that CEO Pat Gelsinger,
2d
Intel taps 2 for board — including Microchip CEO — as post-Gelsinger stock slide continues
Steve Sanghi is the chairman of Microchip Technology (Nasdaq: MCHP), a chipmaker that has a plant in Gresham. He was ...
Impacts
9h
Apple Intends To Launch Its Modems In Three Years To Rival Qualcomm
Apple plans to introduce its eagerly anticipated line of cellular modem chips next year, which will take the place of parts ...
TweakTown
5d
Intel announces that CEO Pat Gelsinger has retired, and the search is on for his replacement
Pat has suddenly departed - which is not really a big surprise, given the year Intel's had - and Zinsner plus Holthaus are ...
5d
on MSN
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel ousted CEO Pat Gelsinger over the weekend , capping a tumultuous nearly four-year tenure at what was America's leading ...
4d
Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
3d
Intel adds two new directors with CEO search underway
Intel on Thursday announced the appointment of two new directors with significant semiconductor manufacturing experience as ...
The Business Journals
3d
Intel taps 2 for board as post-Gelsinger stock slide continues
while driving greater efficiency and improving profitability,"
Frank
Yeary
, interim executive chair of the Intel board, ...
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