• About
  • Advertise
  • Careers
  • Contact Us
Sunday, July 6, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Features IndustryINFLUENCERS

Intel CEO Pat Gelsinger Retires, Company Appoints Interim Co-CEOs

by Joan Aimuengheuwa
December 2, 2024
in IndustryINFLUENCERS
0
Intel CEO Pat Gelsinger Retires, Company Appoints Interim Co-CEOs
Pat Gelsinger

Pat Gelsinger

UBA
Advertisements

Intel Corporation has announced the retirement of its CEO, Pat Gelsinger, effective December 1, 2024, after a celebrated career that spanned more than four decades. 

Gelsinger, who also stepped down from the company’s board of directors, helped build Intel’s technology over the years. 

In his absence, Intel has appointed David Zinsner, the company’s chief financial officer, and Michelle Johnston Holthaus, formerly the executive vice president and general manager of Intel’s Client Computing Group, as interim co-CEOs.

Intel appointed Zinsner and Holthaus to maintain stability and drive the company’s product and manufacturing goals even as the transition takes place. 

Zinsner, with over 25 years of experience in finance and operations in the technology sector, has broad knowledge of semiconductor manufacturing, having previously held leadership positions at Micron Technology. 

Holthaus, who has been with Intel for nearly three decades, now holds the newly created position of CEO of Intel Products, overseeing the company’s various key divisions, including the Client Computing Group and Data Centre and AI Group.

Frank Yeary, Intel’s independent board chair, will take on the role of interim executive chair as the board searches for a permanent CEO. The company has formed a search committee, and Yeary has stated that the priority is to find a successor who can continue Intel’s journey of innovation while restoring investor confidence and improving profitability.

Gelsinger’s tenure at Intel, particularly after his return in 2021, included the revitalisation of the company’s manufacturing processes and helped Intel to compete more effectively with rivals like TSMC and Samsung. 

However, there were delays in major projects and struggles to meet expectations surrounding AI and chip manufacturing. 

Nonetheless, Gelsinger’s contributions to Intel’s growth, including his early work on processors like the 80486 and his leadership in the development of technologies such as Wi-Fi and USB, are widely recognised.

Speaking of his time at Intel, Pat Gelsinger said he was happy with the company’s accomplishments and grateful for the opportunity to lead a team of talented individuals. 

Even as he leaves the company, Zinsner and Holthaus will continue to focus on simplifying Intel’s product portfolio and advancing its manufacturing processes, ensuring that the company remains competitive in the global semiconductor industry.

Loading

Advertisements
MTN ADS

0Shares
Tags: David ZinsnerIntelIntel CEOMichelle Johnston HolthausPat Gelsinger
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post
FCCPC Charges Nigerians

FCCPC Probes GT Bank, MTN, and Air Peace Amid Allegations of Violations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Attacker Dwell Time Increased by 36%, Sophos’ Active Adversary Playbook 2022 Reveals

3 years ago
MVNOs

MVNOs: A Vital Component Of the Telco Industry That Boosts Significantly Local Economies

2 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.