SANTA CLARA, Calif., Dec. 2, 2024 – Intel Cor­po­ra­ti­on (NASDAQ: INTC) today announ­ced that CEO Pat Gel­sin­ger reti­red from the com­pa­ny after a distin­gu­is­hed 40-plus-year care­er and has step­ped down from the board of direc­tors, effec­ti­ve Dec. 1, 2024. 

Intel has named two seni­or lea­ders, David Zins­ner and Michel­le (MJ) John­s­ton Holt­haus, as inte­rim co-chief exe­cu­ti­ve offi­cers while the board of direc­tors con­ducts a search for a new CEO. Zins­ner is exe­cu­ti­ve vice pre­si­dent and chief finan­cial offi­cer, and Holt­haus has been appoin­ted to the new­ly crea­ted posi­ti­on of CEO of Intel Pro­ducts, a group that encom­pas­ses the company’s Cli­ent Com­pu­ting Group (CCG), Data Cen­ter and AI Group (DCAI) and Net­work and Edge Group (NEX). Frank Yea­ry, inde­pen­dent chair of the board of Intel, will beco­me inte­rim exe­cu­ti­ve chair during the peri­od of tran­si­ti­on. Intel Foundry lea­der­ship struc­tu­re remains unch­an­ged. (…) Wei­ter­le­sen »

Today marks Intel’s offi­ci­al CEO tran­si­ti­on as Pat Gel­sin­ger beco­mes the company’s eighth chief exe­cu­ti­ve offi­cer in its histo­ry. Gel­sin­ger is an accom­plished CEO and indus­try vete­ran with more than four deca­des of tech­no­lo­gy and lea­der­ship expe­ri­ence – inclu­ding 30 years at Intel, whe­re he began his care­er. (…) Wei­ter­le­sen »