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SANTA CLARA, Calif., December 02, 2024-- Intel Corp. announced that CEO Pat Gelsinger has retired from the company and stepped down from the board of directors, effective Dec. 1, 2024. Pat Gelsinger is an American business executive and engineer who was the CEO of Intel from 2021 to 2024. He was the chief architect of the i486 microprocessor, the CTO of Intel , and the CEO of VMware and EMC before returning to Intel . Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday. Gelsinger , who joined Intel as a teenager in 1979, stepped down as CEO and left the board on Dec. 1, 2024. He faced plunging profits, a lack of A.I. leadership and activist pressure as Intel lagged behind rivals like Nvidia and TSMC.
