Intel shareholders want fired CEO Pat Gelsinger to return three years of salary for these 5 ‘big mistakes’ – Times of India

Intel CEO Pat Gelsinger delivers a speech at the COMPUTEX forum in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang/File Photo Intel shareholders have launched a derivative lawsuit against former CEO Pat Gelsinger and current CFO David Zinsner, demanding the return of $207 million in executive compensation following massive losses in the company’s foundry business. The…

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Intel announces retirement of CEO Pat Gelsinger ‘effective immediately’ | – Times of India

Intel announced on Monday, December 2, 2024, that CEO Pat Gelsinger has retired, effective December 1, 2024, stepping down from both his executive role and the company’s board of directors after a 40-plus-year career.The semiconductor giant has named David Zinsner, executive vice president and chief financial officer, and Michelle Johnston Holthaus, newly appointed CEO of…

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