Intel will pay $7M in severance to former CEO Pat Gelsinger, plus millions more in bonuses
Intel’s hiring agreement with Gelsinger promised him a severance payment of 18 months of his salary and his annual target bonus if he resigned “for good reason.” In a regulatory filing Tuesday, Intel said that it had agreed to pay him that in connection with his retirement.
Gelsinger's severance is in line with the terms of his CEO employment agreement with Intel "in the event Mr. Gelsinger's ...
Intel Monday announced CEO Pat Gelsinger has resigned after a difficult three-year stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed by most ...
After the board of Intel (NASDAQ:INTC) voiced discontent with Pat Gelsinger's recovery plans, the company's Chief Executive ...
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