Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

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Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

//business-finance.news-articles.net/content/202 .. and-johnston-holthaus-named-interim-co-ceos.html

Published in Business and Finance on Monday, December 2nd 2024 at 10:00 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

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

- Click to Lock Slider

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/ ]