• Gelsinger is out

    Posted on December 5, 2024 at 16:11 CST by • Comment in the Forums

    Intel Logo
    On December 2, Intel Announced that long-time Intel engineer and CEO since 2021 Patrick (“Pat”) Gelsinger had retired from the company, effective December 1, 2024.

    Whether this “retirement” was voluntary or forced is open to question. However, he was replaced instantly with two interim appointments, David Zinser and Michelle (MJ) Johnston Holthaus, serving as co-chief executive officers. He also stepped down from his position on the board of directors. The speed of the action, just a month after Intel announced weak third-quarter financial results, suggests that the company desired a new direction.

    Mr. Gelsinger, with bachelor’s and master’s degrees in electrical engineering, had a long career, including Intel accomplishments such as the original 80486 processor, 14 other processors, and the Core and Xeon lines. During his 30 years at Intel, he became a highly regarded executive. But it appears that Intel’s recent troubles in manufacturing and chip architecture were overwhelming.

    There is already speculation about whether Zinser or Holthaus will become the next CEO. This may depend upon whether the board thinks the problems are financial, managerial, or technical. The elevation of Zinser/Holthaus would seem to signal finance and management because neither co-CEO has an engineering background. What this means for Intel’s Foundry business, which has also not performed as expected, is uncertain. The selection of an outsider as the next CEO is not out of the question.

    Intel and its processor architectures have long been the cornerstone of Windows. The rise of both Qualcomm and AMD, along with the foundry excellence at TSMC, could signal a sea change.

    Intel , , ,
DON'T MISS OUT!
Subscribe to the Free Newsletter
We promise not to spam you. Unsubscribe at any time.
Invalid email address

View the Forum

  • Recent Replies
  • My Replies
  • My Active Topics
  • New Posts in the Last day
  • Private Messages
  • Knowledge Base
  • How to use the Forums
  • All Forums

    • Recent Topics

    My Profile

    March 2025
    S M T W T F S
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    3031  

    Want to Advertise in the free newsletter? How about a gift subscription in honor of a birthday? Send an email to sb@askwoody.com to ask how.

    Mastodon profile for DefConPatch
    Mastodon profile for AskWoody

     

    Home • About • FAQ • Posts & Privacy • Forums • My Account
    Register • Free Newsletter • Plus Membership • Gift Certificates • MS-DEFCON Alerts

    Copyright ©2004-2025 by AskWoody Tech LLC. All Rights Reserved.