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Intel approaches candidates for CEO role

Thursday, 5 December 2024



NEW YORK, Dec 04 (Reuters): Intel has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaking icon ousted company veteran Pat Gelsinger, according to people familiar with the matter.
Tan, a well-respected semiconductor industry veteran who has long been seen as a contender for CEO at Intel, has been approached by Intel's board in recent days to gauge his interest in taking up the job, the sources said, requesting anonymity as the discussions are confidential.
Intel's board is mostly evaluating outsider candidates for the role and has also approached Marvell Technology CEO Matt Murphy, two of the sources said.
The deliberations on the CEO succession are at an early stage, the sources said.