Managing The Future

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Managing The Future
Intel CEO Is Out, Why Board Relationships Matter
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Intel CEO Is Out, Why Board Relationships Matter

Bridging the CEO-Board Disconnect

Joel Trammell's avatar
Joel Trammell
Dec 04, 2024
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Managing The Future
Managing The Future
Intel CEO Is Out, Why Board Relationships Matter
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Pat Gelsinger’s recent announcement of his retirement as Intel’s CEO amid the company’s ambitious turnaround strategy reflects a recurring challenge in corporate governance: the misalignment between CEOs and their boards. Just last month, a statement from Gelsinger indicated that he had “a lot of energy and passion” and the “support of the board”—now he’s stepped down. Something deeper was clearly at play.

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