Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston Holthaus, CEO of Intel Products, will serve as interim co-chief executive officers while the board of directors searches for a new CEO.
Intel CFO takes interim co-CEO role after board ousts top exec
CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a record loss of $16.6 billion for its most recent quarter.
Meet 2 chip execs reportedly in the running for Intel CEO — one is an outsider
Gelsinger, who joined the role three years back, has been temporarily replaced by co-CEOs: David Zinsner, who has been Intel's chief financial officer for nearly three years, and Michelle Johnston Holthaus, the new CEO of product. His departure follows ...
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger, who also stepped down from the company's board.
Intel CEO Pat Gelsinger resigns after more than 3 years of tumultuous tenure
Intel said Gelsinger would be replaced by interim co-CEOs David Zinsner, Intel’s chief financial officer, and Michelle Johnston Holthaus, general manager of Intel’s client computing group. Following the announcement of Gelsinger’s stepping down, ...
Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker
Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.
Intel CEO Gelsinger Retires as Chipmaker Names Interim Co-CEOs
David Zinsner and Michelle Johnston Holthaus were named interim co-leaders after the boomerang executive, who returned to the company in 2021, left the top job.
Intel CEO Pat Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created position of CEO of Intel Products, which includes the client
Intel CEO retires as chipmaker’s struggles continue
Intel on Monday announced the retirement of chief executive Pat Gelsinger. The move, which was effective Sunday, comes as the U.S. chipmaker struggles to keep up in the hypercompetitive semiconductor market and as its stock price has tumbled.
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.
Intel will pay $7M in severance to former CEO Pat Gelsinger, plus millions more in bonuses
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target ...
Exclusive-Intel approaches candidates for CEO role, including former board member Lip-Bu Tan, sources say
Intel has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief ...
Intel approaches candidates for CEO role, including former board member Lip-Bu Tan
The move to replace Gelsinger - who took charge of Intel less than four years ago - came after the board decided that the ...