"Gelsinger signed on in January 2021 to turn around the struggling chipmaker. His performance bonus of $140 million has now been lost. However, don’t feel sorry for the former VMware CEO. With severance, Gelsinger has earned at least $46 million over the four years."
"Intel stock lost 55% during the CEO’s tenure. That’s not a good look. It’s so bad that its stock was removed from the Dow Jones Industrial Average in November after 25 years, replaced by Nvidia, the competitor that did it in."
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