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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 guesstimate ...
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Intel’s Gelsinger Resigns, Gets $12 Million Payoff After Less Than 4 Years
Pat Gelsinger, former Intel CEO, will receive a $12 million severance after resigning due to ineffective turnaround plans.
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Intel’s CEO departure opens door to new deal discussions
The CEO's departure is also an opportunity for suitors to take another look at acquiring some or all of Intel.
Gelsinger out as CEO – Intel turmoil continues
The resignation is effective as of December 1, 2024. Intel is currently looking for a new CEO, and in the meantime, it has ...
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Ubisoft Confirms Rumored Layoffs Because Of XDefiant’s Shutdown
This disclosure matches up with some rumors shared by Insider Gaming. Their report claims that some staff have already been ...
Digi Times22h
Pat Gelsinger's retirement opens doors for potential transactions at Intel
Intel's CEO Pat Gelsinger's unexpected resignation has created new opportunities for the company to explore potential ...
Intel CEO’s sudden exit: Pat Gelsinger to get $12 million as payout, firm’s regulatory filing shows
Intel said the severance payment would include $1.9 million as base salary for 18 months and 1.5 times his target bonus of $3 ...