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Intel's Gelsinger joins 2024's CEO exodus
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.
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 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.
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1h
Shareholders pay up as Intel ex-CEO Pat Gelsinger is reportedly set to depart with a $12 million golden handshake
Two days ago, the industry was taken aback by
Pat
Gelsinger
's surprise resignation ... available 8-K Forms and a ...
1d
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 ...
1d
Intel's ousted CEO may get more than $10 million in severance
Outgoing Intel CEO Pat Gelsinger is set to get paid as much as $10 million as he exits the struggling tech giant.
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