Intel Search for New CEO

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former Intel manufacturing executive

Yahoo Finance

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Technology

Intel races to find its next CEO, but insiders say no clear frontrunners yet

Summary

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Intel 's board ousted CEO Pat Gelsinger in December and appointed two temporary co-CEOs.

Sources say the chipmaker will likely choose someone currently outside the company, but the decision will take a while.

Sources have mixed opinions on whether Intel should hire an insider who knows the company well.

Lip-Bu Tan is the candidate “a lot of shareholders would love to see” fill the role.

Five former Intel insiders have spoken to five former executives about the company's CEO search.

Stacy Smith , an Intel board member, was described as “trusted, respected, well-liked” Apple 's Srouji and Marvell ’s Murphy are both well-versed in semiconductors, but sources doubt either will take the top job.

Wall Street analysts have mixed views on how long the CEO search will take.

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