Here’s the translated text into American English:
Intel Corporation has announced the retirement of its CEO, Pat Gelsinger, who is stepping down after a distinguished career of over four decades in the technology industry. Gelsinger’s retirement, effective December 1st, marks the end of a key chapter for the company.
During this transition period, Intel has appointed David Zinsner and Michelle (MJ) Johnston Holthaus as interim co-CEOs while the board conducts the search for a new permanent executive director. Zinsner, who serves as executive vice president and chief financial officer, will share leadership with Holthaus, who was recently appointed as CEO of the Intel Products Group, which encompasses the Client Computing Group (CCG), Data CenterA data center or data processing center (DPC) … and AI Group (DCAI), and Network and Edge Group (NEX).
Frank Yeary, independent board chair, will serve as interim executive chair to ensure an orderly transition. Meanwhile, the leadership structure of Intel Foundry Services will remain unchanged.
Gelsinger: A Legacy of Innovation and Transformation
Pat Gelsinger, who began his career at Intel in 1979 and became its first chief technology officer, returned to the company in 2021 at a critical time to lead the recovery of competitiveness in semiconductor manufacturing and foster innovation across the organization.
Frank Yeary, board chair, highlighted Gelsinger’s achievements: “Pat led fundamental initiatives to revitalize process manufacturing and solidify Intel’s position as a leader in technological innovation. His commitment has been key during a time of significant challenges and opportunities for the industry.”
Gelsinger, for his part, noted: “It has been an honor to lead Intel and work alongside an extraordinary team. Despite the challenges, I take pride in what we have accomplished together, making difficult yet necessary decisions to position the company in a constantly evolving industry.”
Interim Leadership and Focus on Efficiency
In their roles as interim co-CEOs, Zinsner and Holthaus will focus on optimizing Intel’s operations, consolidating the product portfolio, and advancing manufacturing and foundry service capabilities.
David Zinsner brings over 25 years of experience in finance and operations in the semiconductor and technology sectors, while Holthaus, with nearly three decades at Intel, has demonstrated her ability as a general manager and leader in various strategic areas, including global sales and product management.
Yeary emphasized that the immediate goal is to maintain the simplification and strengthening of Intel’s product portfolio, while working to improve profitability and operational efficiency. “With MJ leading the product group and David managing financial stability, we have the right structure in place to respond to our customers’ demands and restore investor confidence.”
The Future of Intel: Priorities and Challenges
Intel faces a competitive landscape marked by rapid technological evolution and increasing demand in key areas such as artificial intelligence and semiconductors. During this transition, the company will remain focused on regaining leadership in manufacturing processes, strengthening its product portfolio, and optimizing its operating and capital expenditures.
The board has formed a search committee to select the next CEO, a decision that will be crucial in defining the next chapter for Intel in a dynamic and competitive global market.
Intel Corporation, one of the most influential technology giants, embarks on this new phase with a renewed commitment to innovation, efficiency, and customer satisfaction, ensuring its relevance in the technology industry for decades to come.
Source: Intel