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Intel brings Pat Gelsinger back, and this time as CEO

Under some pressure from activist investment firm Third Point, Intel has announced plans to bring in Pat Gelsinger to be the company’s CEO. Gelsinger, who had successfully run EMC and then VMware, was previously at Intel as the SVP and GM of the Digital Enterprise Group. The irony that absolutely nobody has missed is that Gelsinger left Intel in 2009 ...

Jon Peddie

Under some pressure from activist investment firm Third Point, Intel has announced plans to bring in Pat Gelsinger to be the company’s CEO. Gelsinger, who had successfully run EMC and then VMware, was previously at Intel as the SVP and GM of the Digital Enterprise Group. The irony that absolutely nobody has missed is that Gelsinger left Intel in 2009 when he was passed over as CEO in favor of Paul Otellini, who came from Intel’s sales and marketing organization. Gelsinger will take over at Intel on February 15, 2020, giving current CEO Bob Swan a chance to wind down.
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