---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-24-000173"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T10:32:40.571888+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intel CEO Pat Gelsinger retires; Holthaus and Zinsner named interim co-CEOs

## Summary
- Gelsinger retired Dec 1; severance: 18-mo salary ($1.25M) + 1.5x target bonus (275% base) + pro-rata 2024 bonus.
- Holthaus and CFO Zinsner named interim co-CEOs; Holthaus also CEO of Intel Products (CCG, DCAI, NEX).
- Frank Yeary named interim Executive Chair; board forms CEO Search Committee.
- Gelsinger also resigned from Mobileye Global board effective immediately.

## SEC filing metadata
- accession: 0000050863-24-000173
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086324000173/0000050863-24-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086324000173/intc-20241201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-24-000173
- JSON: https://secwatch.observer/filing/0000050863-24-000173.json
- Plain text: https://secwatch.observer/filing/0000050863-24-000173.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.