Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
[ Mon, Dec 02nd 2024 ]: Bill Williamson
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Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

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Intel CEO CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim Co-CEOs. Gelsinger, whose career has spanned more than 40 years, also stepped down from
The article from WTOP discusses the retirement of Intel CEO Pat Gelsinger, effective immediately, and the appointment of David Zinsner and Michelle Johnston Holthaus as interim co-CEOs. Gelsinger, who has been with Intel for over three decades, led the company through significant technological advancements and strategic shifts, including a focus on manufacturing and the IDM 2.0 strategy. His retirement comes at a time when Intel is navigating through a competitive semiconductor market. Zinsner, previously the CFO, and Johnston Holthaus, who was the executive vice president and general manager of the Client Computing Group, will jointly steer the company during this transition period. The board has initiated a search for a permanent CEO, with no specific timeline provided for the conclusion of this process.

Read the Full WTOP News Article at:
[ https://wtop.com/business-finance/2024/12/intel-ceo-gelsinger-retires-zinsner-and-johnston-holthaus-named-interim-co-ceos/ ]