Intel CEO Pat Gelsinger retires, stock rises By Investing.com

Investing.com — Intel Corporation announced Monday that CEO Pat Gelsinger has retired from the company, stepping down from his role and the board of directors, effective December 1, 2024. The news pushed Intel (NASDAQ:) shares over 5% higher in premarket trading. In the interim, Intel named David Zinsner, its chief financial officer, and Michelle (MJ) Johnston … Read more

Intel CEO Pat Gelsinger retires

Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company’s board of directors. Intel execs David Zinsner and Michelle Johnston Holthaus have been named interim co-CEOs. Zinsner is Intel’s CFO, and Holthaus, GM of Intel’s client computing group, has been appointed to the newly created position of … Read more

US Navy ships repel attack from Houthis in Gulf of Aden

Two U.S. Navy destroyers repelled an attack by Iranian-backed Houthi rebels on American ships over the weekend, U.S. Central Command (CENTCOM) says.  “U.S. Navy destroyers USS Stockdale and the USS O’Kane successfully defeated a range of Houthi-launched weapons while transiting the Gulf of Aden, Nov. 30-Dec. 1,” U.S. Central Command said in a statement. “The … Read more

Intel chief Pat Gelsinger to retire

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel chief executive Pat Gelsinger is to retire after almost four years at the helm of the processor company. The group said on Monday that he would be replaced by David Zinsner and Michelle Johnston … Read more

Intel CEO Pat Gelsinger is out, stock up 5%

Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024.  I-Hwa Cheng | AFP | Getty Images Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1. Intel named two interim co-chief executive officers while the board of directors … Read more