Intel seeks new CEO after ousting Pat Gelsinger; former board member Lip-Bu Tan is a top candidate.

Intel is searching for a new CEO after Pat Gelsinger was ousted due to concerns over the pace of his turnaround plan. Former board member Lip-Bu Tan, who previously led Cadence Design Systems, is among the shortlisted candidates. Intel's board has contacted Tan to gauge his interest, and a final decision is expected in the coming weeks. The company declined to comment on the situation.

December 03, 2024
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