Intel announces retirement of CEO Pat Gelsinger ‘effective immediately’

Intel CEO Pat Gelsinger has announced his retirement effective December 1, 2024. He will be replaced by interim co-CEOs David Zinsner and Michelle Johnston Holthaus. The company faces significant market challenges. The board is searching for a new CEO. Intel aims to improve product development and regain investor confidence.

Leave a Reply

Your email address will not be published. Required fields are marked *