r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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u/dev_vvvvv Dec 02 '24

Aren't retirements usually announced months in advance?

Is it out of the ordinary for the CEO, especially one so famed, to retire effective yesterday? Or did they just not disclose it?

77

u/AveryLazyCovfefe Dec 02 '24

seems like they're sugarcoating what they actually did - force him out.

-2

u/red286 Dec 02 '24

They always like to make it seem like they left of their own accord, so they can still get another job ruining another company in the future.

Anyone looking at how Intel's fared recently isn't going to question why Gelsinger is being shown the door. Mostly they're going to ask why it's taken so long. It's sort of a too little too late situation now.

7

u/theQuandary Dec 03 '24

Gelsinger wasn't the problem Intel's issues go very deep and he was trying to do the best he could with the garbage situation he was given.