David Zinsner and Michelle Johnston Holthaus have been named as interim co-CEOs.
Intel 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 company's board, effective Dec. 1, 2024. He started at Intel in 1979 at Intel and was its first chief technology officer. He returned to Intel as chief executive in 2021. Intel said Monday that it will conduct a search for a new CEO.
5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations.'I can look back with pride at all that we have accomplished together,' Gelsinger said in the statement. 'It has been a challenging year for all of us as we have made tough but necessary decisions to position Intel for the current market dynamics.
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