Aerospace industry veteran Kelly Ortberg was named Boeing's new CEO in July, succeeding Dave Calhoun to turn the struggling planemaker around. Calhoun, 66, was brought in as CEO following a pair of crashes in 2018 and 2019 that killed nearly 350 people.

The CEO of Intel is leaving the company as it struggles to reinvent itself. Why it matters: Investors fear Intel is falling behind in the AI chip wars against booming AI titans like Nvidia. Driving the news: Intel CEO Pat Gelsinger abruptly retired as of Sunday after 40 years with the company,

According to Intel’s press release, Gelsinger has stepped down from his position as CEO and from the board of directors after spending nearly 30 years at the company, which he f

Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.

Intel's CEO Pat Gelsinger announced his retirement effective on Sunday after a 40-year career and has been replaced by two company insiders.

Pat Gelsinger's departure leaves Intel at a crossroads, forcing the company to confront cultural stagnation, x86's decline, and growing competition from Arm, AI, and TSMC. Here's what could come next.