Intel CEO Pat Gelsinger to Retire

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Source: Investor Relations :: Intel Corporation (INTC)
Intel CEO Pat Gelsinger to Retire
Photo: Investor Relations :: Intel Corporation (INTC)
TL;DR Summary

Intel Corporation announced the retirement of CEO Pat Gelsinger, effective December 1, 2024, after a 40-year career with the company. David Zinsner and Michelle Johnston Holthaus have been appointed as interim co-CEOs, with Holthaus also taking on the role of CEO of Intel Products. Frank Yeary will serve as interim executive chair. The board is actively searching for a permanent successor. Gelsinger's tenure was marked by significant innovation and efforts to regain manufacturing competitiveness.

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