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Now, Intel's leadership hole is getting even deeper as its chief of the data center and AI segment is jumping ship for Nokia. An executive looking pensive in a boardroom. Image source: Getty Images.
Gelsinger rejoined Intel as their new CEO on February 15, 2021, after previously having a 30 year-long career at the company in various technical engineering and leadership roles. [ 19 ] [ 2 ] This followed reorganization pressure, due to languishing share prices, from its newest activist investor Third Point Management .
The company didn’t name a successor and instead appointed two executives as interim co-CEOs to replace Gelsinger, a former Intel lifer who has been CEO for only three years. Intel also said ...
[34] As a testament to this ethos, there were no executive perks at Intel, including special dining rooms, washrooms, or parking spots. [35] Grove's office was a standard 8 by 9 ft (2.4 by 2.7 m) cubicle, reflecting his personal preference for an egalitarian atmosphere. Grove disliked "mahogany-paneled corner offices."
The 63-year-old executive's departure follows a clash with Intel's board of directors regarding his plan to gain ground against rival chipmaker Nvidia, Bloomberg reported, citing people familiar ...
In her role as executive vice president and general manager of the Software and Services Group, she was responsible for Intel's global software and services strategy, revenue, profit, and product R&D. In this role, James led Intel's strategic relationships with the world's leading device and enterprise operating systems companies.
Intel is racing against the clock to find a new chief executive who can launch the company into the artificial intelligence age — or risk sinking into irrelevance.A series of strategic missteps ...
Intel was founded on July 18, 1968, by semiconductor pioneers Gordon Moore (of Moore's law) and Robert Noyce, along with investor Arthur Rock, and is associated with the executive leadership and vision of Andrew Grove. [8]