Gelsinger Pat (Pat Gelsinger)

Gelsinger Pat (Pat Gelsinger)

Biography

1979: Appointment as Head of Intel Labs

Patrick Gelsinger joined Intel in 1979. He headed the division of Intel Labs, which was engaged in the research and development of new technologies. Gelsinger became Intel's youngest vice president, taking over at 32. He has six patents in various fields. He is also the author of Programming the 80386, which was published in 1987^[1].

2009: Working at Intel and EMC

Until September 2009 - Vice President of Intel Corporation and CEO of Digital Enterprise Group.

In September 2009, he joined EMC. At the same time, EMC Chairman and CEO Joseph Tucci announced that Patrick Gelsinger would be among three candidates, one of whom could replace him after a while. Other contenders include maintenance chief Howard Elias and chief financial officer David Goulden. Tucci himself said he plans to leave the post of executive director of EMC within three years.

2012: Appointment as Managing Director of VMware

Since September 2012, Managing Director (CEO) of VMware.

Ex-VMware chief Paul Maritz hands over the reins at the company to Pat Galsinger (R), September 2012

2021: Appointment as Head of Intel

On January 13, 2021, Intel announced the appointment of Pat Gelsinger as the company's new CEO. In this post, he will replace Robert Swan, who was at the helm of the American processor manufacturer for about two years.

Before leading Intel, Pat Gelsinger led VMware for several years. The interim head of VMware will be CFO Zane Rowe.

What caused Swan's dismissal as head of Intel is not reported. The Wall Street Journal The decision to change CEOs came after hedge fund Third Point called on Intel to make major strategic changes in the business, noting that the company's problems were endangering the tech sector as USA a whole, it wrote.

Independent Intel Chairman Omar Ishrak said the board "concluded that now is the right time to change leadership to leverage Pat's technology and engineering expertise during this critical period of transformation at Intel."

Meanwhile, Keybanc analysts warn that Gelsinger is returning to the wrong company that he left a few years ago, he will have to solve the accumulated serious problems, this may take years. According to experts, the new head of Intel will try to maintain the company's own production facilities, but it is unlikely that the industry giant will be able to avoid an increase in the share of products produced on the side.

Swan has come under a heavy hand, says Moor Insights & Strategy analyst Pat Moorhead, referring to delays in switching to a new 10nm process technology. - It takes years to solve chip problems, and while Swan has achieved a lot, it hasn't been enough. I don't foresee any major strategic change under Gelsinger, but I expect him to focus on the company's engineering culture and return it to a management culture.

On the day when the appointment of a new CEO of Intel was announced, the company's shares rose by about 7%. In 2020, the quotes of the American chipmaker sank 17% largely due to the COVID-19 coronavirus pandemic.^[2]

2025: Stepping down as head of Intel

In March 2025, Lip-Boo Tan replaced Pat Gelsinger as CEO. Intel

Notes