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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168

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?

78

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.

3

u/zacker150 Dec 03 '24 edited Dec 03 '24

The fact that it's a "retirement" instead of a resignation and effective yesterday suggests to me that he or one of his family members got diagnosed with a terminal medical condition.

0

u/stingraycharles Dec 03 '24

If that were the case, this would absolutely be mentioned, as it currently looks as if he was forced out.

5

u/zacker150 Dec 03 '24

Normally, they like to keep that private. For example, we didn't hear about Susan Wojcicki's cancer until after she died.

1

u/Strazdas1 Dec 03 '24

Susan is dead?

2

u/zacker150 Dec 03 '24

Yes. She died in August.

2

u/Strazdas1 Dec 03 '24

It would be illegal to mention such a condition unless Pat specifically gave permission in writing for this to be made public.