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Intel considers former board member for CEO

Intel is evaluating candidates for its next CEO following Pat Gelsinger’s resignation.

Among the potential candidates is Lip-Bu Tan, a former Intel board member.

A search committee is in place, and a decision will likely occur in the coming weeks.

Tan, a semiconductor industry veteran, oversaw manufacturing operations during his time at Intel.

Recent Intel developments

Timeline
03-Dec-2024 📈 Intel names interim co-CEOs as Gelsinger steps down
  • Intel CEO Pat Gelsinger retires unexpectedly
  • David Zinsner appointed as interim co-CEO
26-Nov-2024 💰 Intel nears $8b Chips Act grant amid financial woes
  • Intel nearing US$8 billion grant from Chips Act
  • Funds to expand semiconductor manufacturing facilities
29-Oct-2024 ☕ Intel cuts Israeli jobs, ends free office perks
  • Intel ends free coffee, tea in Israel offices.
  • 15,000 global layoffs start this week.
29-Oct-2024 💼 Intel invests $300m in Chengdu chip packaging facility
  • Intel invests $300M in Chengdu facility
  • Aims to boost chip packaging amid competition
17-Oct-2024 🔒 Intel faces security review in China
  • Intel reaffirms product safety commitment
  • Chinese market is 25% of Intel’s revenue

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