Intel Chief Gelsinger

Intel CEO Pat Gelsinger ousted by board after disastrous performance

Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1.

CNBC - 1d

Intel CEO Gelsinger Retires as Chipmaker Names Interim Co-CEOs

David Zinsner and Michelle Johnston Holthaus were named interim co-leaders after the boomerang executive, who returned to the company in 2021, left the top job.

Inc. - 1d

Intel CEO Pat Gelsinger Steps Down Amid Chipmaker’s Struggles

Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.

The New York Times - 21h

Intel shares slide as Gelsinger exit leaves chipmaker without a 'quick fix'

Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.

CNBC - 40m

Intel considers an outside CEO, taps headhunters, sources say

Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster of Pat Gelsinger.

CNBC - 42m

Why Stellantis’ chief executive Carlos Tavares was axed

Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louder

Financial Times - 1d

FirstFT: Critics see chance to close US accounting regulator

Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctions

Financial Times - 14h

Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'

Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.

CNBC - 1d

Intel’s next CEO faces ‘deadweight’ that won’t be easy to lift

Pat Gelsinger bet his legacy on returning Intel to manufacturing greatness. That puts his successor in a tough spot.

MarketWatch - 1d

Intel CEO’s Departure Latest in List of Top Jobs Vacated in 2024

Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a tumultuous year.

Inc. - 2h

Nomura chief apologises after ex-employee charged with clients’ attempted murder

Former wealth management staff arrested after allegedly setting customers’ house on fire

Financial Times - 11h

NFL Power Rankings: Chiefs, Ravens aren't as good as we think

Patrick Mahomes and Kansas City are 11-1, but are looking more vulnerable every week and Baltimore's five losses are concerning. Plus: Lions in danger?

Yahoo Sports - 15h

Starmer plans peerage for former chief of staff Sue Gray

PM’s ‘political list’ said to be long even as he axes 92 hereditary peers to trim the size of the Lords

Financial Times - 1h

England’s chief prosecutor warns lawyers’ pay may be adding to court delays

Head of Crown Prosecution Service Stephen Parkinson calls for review

Financial Times - 1h

NATO chief wants less talk of peace process in Ukraine, more arms

NATO’s Secretary-General Mark Rutte argued that Ukraine needs to be put in a “position of strength” instead of being pushed toward peace talks, while speaking at a Tuesday conference ahead of the ...

The Hill - 1h

NATO Chief Urges More Weapons for Ukraine Ahead of Any Peace Talks

Mark Rutte said it was up to Ukraine to decide when it was ready to begin negotiations with Russia — and that the West should help strengthen Kyiv’s position beforehand.

The New York Times - 1h