BUZZ-Intel jumps after CEO Gelsinger retires
Reuters12-02
BUZZ-Intel jumps after CEO Gelsinger retires** Shares of chipmaker Intel Corp INTC.O jump nearly 6% to $25.48 premarket
** Intel on Monday says CEO Pat Gelsinger retired from the company, effective Dec. 1
** Co names CFO David Zinsner and Michelle Johnston Holthaus, as interim co-CEOs
** Board of directors forms a search committee to conduct search for a new CEO
** As of last close, stock was down 52.1% YTD
(Reporting by Jaiveer Singh Shekhawat in Bengaluru)
((JaiveerSingh.Shekhawat@thomsonreuters.com;))
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