Intel CEO Pat Gelsinger Steps Down Amid Board’s Disapproval of Turnaround Strategy
With Intel CEO Pat Gelsinger stepping down, the once-dominant chipmaker undergoes a pivotal leadership transition. Less than four years after assuming leadership, his retirement highlights Intel’s difficulty reestablishing itself in the very competitive semiconductor sector. Gelsinger resigned because the board of Intel voiced displeasure with his ambitious and expensive vision, pointing to sluggish progress and waning […]
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