Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.

Topics

Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
CNBC - 6d
Intel Names Lip-Bu Tan as New CEO Amid Turnaround Efforts

The semiconductor pioneer appointed Lip-Bu Tan, a well-known tech investor and executive, as its new leader.
The New York Times - 6d
Intel Names Lip-Bu Tan as New CEO Amid Turnaround Efforts

The semiconductor pioneer appointed Lip-Bu Tan, a well-known tech investor and executive, as its new leader.
The New York Times - 6d
Intel pops 14% as chipmaker taps new CEO, Wall Street backs turnaround effort

Intel shares popped more than 14% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.
CNBC - 5d
Intel hires former board member as new CEO in chipmaker's latest comeback attempt

Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around the company that helped define ...
ABC News - 6d
Intel hires former board member as new CEO in chipmaker's latest comeback attempt

Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around the company that helped define ...
ABC News - 6d
Analysts love Intel’s CEO choice — but not enough to recommend buying the stock

Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major fixes.
MarketWatch - 5d
Intel’s new CEO is putting his money where his mouth is

Lip-Bu Tan will purchase about $25 million in stock shortly after taking over as CEO, giving him immediate financial alignment with the moves he makes at Intel.
MarketWatch - 1d
Intel's new CEO receives $66 million in options and stock grants on top of $1 million salary

Lip-Bu Tan, who was named CEO of Intel this week, will receive $1 million in salary and about $66 million in stocks and grants vesting over the coming years.
CNBC - 4d

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