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Zinsner and Johnston Holthaus Named Interim Co-CEOs

The Associated Press on MSN · 1d

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.

Oregonian · 18h

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 bonus if he resigned “for good reason.” In a regulatory filing Tuesday, Intel said that it had agreed to pay him that in connection with his retirement.

Computerworld · 1h

Intel’s CEO, Pat Gelsinger, ‘retires’ — riiiiight

That’s the company’s story line for public consumption, at least. But if you buy that, you’re not paying attention.

1don MSN

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 ...

37mon MSN

How Intel’s search for a new CEO may break this 56-year long tradition

Intel's board has initiated a search for a new CEO, enlisting Spencer Stuart to find external candidates. Matt Murphy of ...

1d

In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'

On Monday, Intel's interim leadership addressed outgoing CEO Pat Gelsinger's abrupt departure, in an internal meeting.

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