Intel CEO Pat Gelsinger Retires Amid Silicon Valley Firm's Rut

ToplineIntel’s chief executive officer retired effective immediately, the legacy Silicon Valley stalwart announced Monday, a shakeup that follows an extended period of stock market underperformance for the semiconductor chipmaker.Intel CEO Pat Gelsinger delivers a speech in June.AFP via Getty Images Key FactsIntel’s CEO Pat Gelsinger retired effective immediately Sunday. David Zinsner, the company’s chief financial officer, and Michelle Johnston Holthaus, the chief executive of Intel Products, will lead th ...