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International Business Times
International Business Times
Carla St. Louis

Intel CEO Pat Gelsinger Suddenly Retires

Intel Corporation United States
LONDON, UNITED KINGDOM - NOVEMBER 14: The Intel logo is seen outside a pop-up store on Oxford Street on November 14, 2024 in London, United Kingdom. (Credit: Leon Neal/Getty Images)

Intel CEO Patrick Paul Gelsinger announced his retirement on December 1st after a 40-plus year career, Intel announced.

Gelsinger rejoined Intel in 2021 and attempted to modernize the company's semiconductor manufacturing and boost innovation but the company's share price has plunged during his tenure.

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