Reported 2 days ago
Pat Gelsinger stepped down as CEO of Intel on December 1, 2024, after facing significant challenges, including a 61% drop in stock value during his nearly three-year tenure. His departure came as Intel struggled to regain market share against competitors in the AI space. Gelsinger, who first joined Intel as a teenager, leaves with an estimated net worth between $82 million and $104 million, and a substantial annual compensation package.
Source: YAHOO