
Pat Gelsinger, the most recent CEO of tech giant Intel, has officially stepped down from his current role and from the company's board of directors. This is according to Intel's latest announcement, with the move effective immediately. Gelsinger, who boasts a 40-year career spanning roles in the technology sector, departed the company amidst continued struggles of the US-based chip maker to keep up with the competition with other chip makers globally.
In a recent media release, Intel announced that two senior leaders, David Zinsner and Michelle (MJ) Johnston Holthaus, have been named interim co-chief executive officers while the board of directors searches for a new CEO.