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Intel CEO Pat Gelsinger Retires
Intel’s former CEO Pat Gelsinger set to receive over $10 million in severance
Pat Gelsinger, the former CEO of Intel Corporation, will depart the Bay Area tech giant with a severance package valued at up to $10.18 million, according to a filing with the U.S. 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 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.
Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay
Intel's newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay.
Pat Gelsinger lost out on massive $140 million performance bonus—but he’ll have earned at least $46 million for his four years as Intel’s CEO
When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.
Intel CEO Gelsinger gets at least 7 million dollar severance pay
Update 03/12/2024 by Martijn van Best - It is now clear how much former Intel CEO Pat Gelsinger will take with him in wages, bonuses, and other severance
Former Intel CEO Pat Gelsinger calls for prayer and fasting for employees
Former Intel CEO Pat Gelsinger took to social media to invite people to pray and fast for the chipmaker's employees, saying the company is going through a "difficult period."
Three CEOs That Ought to Follow Intel’s Pat Gelsinger Out the Door
CEO Pat Gelsinger stepped down on Dec. 1 after nearly four years in the top job. While the press release officially described his departure as a retirement, he was given two options: step down or be fired.
Intel's Pat Gelsinger Is 'Fasting' On Thursdays: Retired Or Fired?
Patrick P. Gelsinger, Former CEO of Intel, took to X late at night on Sunday to express that every Thursday he does a 24-hour prayer and fasting day. What Is Behind This Sudden Spirituality? On December 2,
7d
on MSN
Intel's Pat Gelsinger departing chipmaker with millions in severance
Intel's former CEO
Pat
Gelsinger
is in line to receive millions of dollars in
severance
and other compensation ...
8d
Intel reveals Gelsinger severance
Gelsinger's severance is in line with the terms of his CEO employment agreement with Intel "in the event Mr. Gelsinger's ...
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