Newsletter IconFacebook IconX IconThreads IconInstagram IconYouTube IconPinterest Icon
Giveaway: Win an ADATA SE880 2TB Portable External SSD

Intel's ex-CEO Pat Gelsinger says he 'was not given the opportunity' to finish what he started

Intel's ex-CEO Pat Gelsinger says his decision to step down was 'extremely difficult' and that he wasn't given the opportunity to finish what he started.

Intel's ex-CEO Pat Gelsinger says he 'was not given the opportunity' to finish what he started
Comments
Published
1-minute read time
TL;DR: Former Intel CEO Pat Gelsinger revealed his departure was forced by Intel's board, preventing him from completing key projects like the Intel Foundry investment. Despite Intel's struggles, Gelsinger received numerous diverse offers post-resignation, highlighting his continued industry influence and leadership demand.
Voice: Default
0:00 / --:--
Use left and right arrow keys to seek audio.

Intel's former CEO Pat Gelsinger has said that the decision to step down from the company was a difficult one and that he wanted to finish what he started, but wasn't given the chance... leading us to believe his decision to leave was made by higher powers.

Intel's ex-CEO Pat Gelsinger says he 'was not given the opportunity' to finish what he started 502

In a new report from PC Watch, Gelsinger said: "The decision to step down from Intel was an extremely difficult one. I wanted to finish what I started, but as you know, I was not given the opportunity".

As the outlet points out, normally when a CEO leaves a company or retires, there's an NDA (non-disclosure agreement) signed, which stops especially important staff from explaining the happenings from behind the scenes. No matter if they're good or bad, the NDA stops this from coming out.

However, with this recent statement -- and given Intel's continued struggles in the market -- this isn't a good look for the public image of the company. Gelsinger has been quiet on exactly what happened at Intel before he was ousted, but it looks like the Powers That Be at Intel wanted him out, and quick.

PC Watch ponders that the "third-party" is the board of directors at Intel and that the "thing he started" was a large investment into Intel Foundry, and that he wasn't provided with the chance to see what its semiconductor arm could do in the future.

After resigning from Intel, Gelsinger had multiple offers fly in the door, where he said: "I had over 100 meetings in the 100 days since I announced my retirement. The offers were very diverse, including venture capital, private equity, CEO positions at other companies, offers from academic institutions such as universities, and political roles. They were all very attractive".

Photo of the Intel Core Ultra 7 265K

Best Deals: Intel Core Ultra 7 265K

* Prices may be inaccurate. As an Amazon Associate, we earn from qualifying purchases. We earn affiliate commission from any Newegg or PCCG sales.

Comments

Stay Updated

Follow TweakTown for breaking tech news, reviews, and daily updates.

Add TweakTown as a preferred source on GoogleFind TweakTown on Apple News
Newsletter Subscription