Intel lost over 60% of its value in 2024, the biggest drop in its 53 years as a public company. Broadcom’s stock price more ...
Both departures are effective December 1. Holthaus has been appointed to the newly created position of CEO of Intel Products, while Frank Yeary was named interim executive chair. “On behalf of ...
we know that we have much more work to do at the company and are committed to restoring investor confidence,” said Frank Yeary, who has taken over as independent chair of Intel’s board.
Intel's share price has almost halved this year but jumped 3% at the market open Monday after Pat Gelsinger's retirement was announced.
Interim Executive Chair Frank Yeary has been appointed to oversee Intel's pivotal leadership transition. Two co-CEOs have been appointed, as Gelsinger didn't seem interested in staying behind to ...
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down from the struggling chipmaker, according to company filings.
Frank Yeary, independent chair of Intel's board, will become interim executive chair. Shares of the chipmaker jumped more than 4% in premarket trading.
Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as Intel's interim executive chair. Intel has been mired in an extended slump due to ...
Frank Yeary, the board's independent chair, will serve as interim executive chair during the leadership transition. A search committee has been established to identify Gelsinger's permanent successor.
Frank Yeary, independent chair of Intel’s board, will perform duties as interim executive chair. “With Dave and MJ’s leadership, we will continue to act with urgency on our priorities ...