Exclusive-Intel's CEO-shortlist candidates include former board member Lip-Bu Tan, sources say [Yahoo! Finance Canada]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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Source: Yahoo! Finance Canada
(Reuters) - Intel has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaker ousted company veteran Pat Gelsinger, according to people familiar with the matter. Tan, who was once seen as a contender for the CEO role, has in recent days been approached by Intel's board to gauge his interest in taking up the job, the sources said, requesting anonymity as the discussions are confidential. The deliberations on CEO succession are at an early stage, the sources said, cautioning that Intel has not yet zeroed in on any candidate to replace Gelsinger who stepped down from his role on Monday after being given the choice to retire or be removed. Intel's board is also evaluating other candidates, one of the sources said. The move to replace Gelsinger - who took charge of Intel less than four years ago - came after the board decided that the pace of his costly plan to turn around Intel
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News
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CDNS
Earnings
- 10/28/24 - Beat
CDNS
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 144
- 12/17/24 - Form 4
- CDNS's page on the SEC website