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Intel looking for new CEO, as Pat Gelsinger retires

  • Intel is in search of a new CEO as Pat Gelsinger, who had been associated with the company for almost 40 years, retires.
  • Interim co-CEOs, David Zinsner and Michelle Johnston Holthaus, have been announced to lead during the transition period.
  • Gelsinger had served as Intel's CEO since February 2021 and played a crucial role in driving innovation and revitalizing process manufacturing.
  • Intel will focus on strengthening its product portfolio and optimizing its operating expenses and capital under new leadership.

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