Intel Stock Has Been Beaten Down. How a New CEO Could Shake Things Up.
Intel’s direction could change when it gets a new CEO, and that would be a good thing, Citi analysts wrote in a note Thursday. The struggling chip maker said in early December that its CEO, Pat Gelsinger, would retire effective immediately after a four-year reign, and that it was searching for his replacement. In the interim, it named Executive Vice President David Zinsner and CFO Michelle Johnston Holthaus as co-CEOs.