Пореден удар за Intel: Изпълнителният директор Пат Гелсингер напусна – haroonabadvital.com
His work will be temporarily carried out by the CFO and Head of the Product Unit
Image: Bloomberg LP
US technology giant Intel announced on Monday that CEO Patrick Gelsinger has resigned from the company effective December 1, ending his turbulent nearly four-year tenure at the semiconductor maker.
Intel CFO David Zinsner and Intel Product Unit President MJ Holthaus will split his responsibilities on an interim basis. Longtime board member Frank Gehry will serve as interim president of the company, CNBC reported.
Gelsinger has had an illustrious career at Intel, rising to the company’s CTO at the turn of the century before taking on a leadership role at EMC. Gelsinger returns to Intel after a stint at VMware, where he served as CEO, to stabilize the company in 2021, replacing then-CEO Bob Swan.
Gelsinger’s resignation comes just one week after Intel and US authorities ended a $7.86 billion grant. dollars, providing financing for the company’s plans to build new factories.
Gelsinger took charge of the struggling chipmaker in 2021, but since then its situation has deteriorated further.
Intel has been mired in a long-term decline due to losing market share in its core business and being unable to break into the AI market. The company’s shares have fallen by 52% since the beginning of the year.
In September, Intel revealed plans to spin off its chip business into an independent subsidiary, a move that would allow for outside financing opportunities. In August, Intel reported disappointing quarterly results, sparking the biggest stock market sell-off in 50 years, and said it would cut more than 15% of its workforce as part of a $10 billion cost-cutting plan. dollar.
At the end of September, information appeared in the media that Qualcomm had contacted Intel with a possible acquisition proposal.
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