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Intel CEO Pat Gelsinger Resigns

Fortune on MSN · 1h

Pat Gelsinger lost out on massive $140 million performance bonus—but he’ll have earned at least $46 million for his four years as Intel’s CEO

When Intel hired Gelsinger in 2021 to revive the chipmaker's fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.

CNN on MSN · 1h

Ousted Intel CEO Pat Gelsinger is leaving the company with millions

Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.

TechCrunch · 5h

Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay

Intel's newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay.

1d

Intel CEO Pat Gelsinger resigns without a permanent successor

In a blow to Intel's turnaround plans, CEO Pat Gelsinger has resigned from the big chip maker without a permanent successor ...

Intel Board Lose Confidence: CEO Gelsinger Forced Out Of Seat

Intel Chief Executive Pat Gelsinger was fired less than four years after taking over, leaving two lieutenants in charge while ...

4h

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.

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