Patrick P. Gelsinger net worth and biography

Patrick Gelsinger Biography and Net Worth

CEO of Intel
Patrick (Pat) Gelsinger is chief executive officer of Intel Corporation and serves on its board of directors. On Feb. 15, 2021, Gelsinger returned to Intel, the company where he had spent the first 30 years of his career.

Before rejoining Intel, Gelsinger was CEO of VMware. In that role, he transformed VMware into a recognized global leader in cloud infrastructure, enterprise mobility and cyber security – almost tripling the company’s annual revenues. Gelsinger was also ranked the best CEO in America in 2019, according to an annual survey by Glassdoor. Prior to joining VMware in 2012, Gelsinger was president and chief operating officer of EMC’s Information Infrastructure Products business, overseeing engineering and operations for information storage, data computing, backup and recovery, RSA security and enterprise solutions.

Gelsinger began his career in 1979 at Intel, becoming its first chief technology officer, and also serving as senior vice president and the general manager of the Digital Enterprise Group. He managed the creation of key industry technologies such as USB and Wi-Fi. He was the architect of the original 80486 processor, led 14 microprocessor programs and played key roles in the Intel® Core™ and Intel® Xeon® processor families, leading to Intel becoming the preeminent microprocessor supplier.

Gelsinger earned several degrees in electrical engineering: an associate degree from Lincoln Technical Institute, a bachelor’s degree from Santa Clara University and a master’s degree from Stanford University. He holds eight patents in the areas of VLSI design, computer architecture and communications, is an IEEE Fellow, and serves as a member of the National Security Telecommunications Advisory Committee.

Gelsinger and his wife have been married for over 30 years; they have four children and eight grandchildren. He is also a published author and speaks frequently on faith, work and philanthropy.

What is Patrick P. Gelsinger's net worth?

The estimated net worth of Patrick P. Gelsinger is at least $2.81 million as of October 31st, 2022. Mr. Gelsinger owns 96,049 shares of Intel stock worth more than $2,814,236 as of December 5th. This net worth estimate does not reflect any other assets that Mr. Gelsinger may own. Additionally, Mr. Gelsinger receives a salary of $8,360,000.00 as CEO at Intel. Learn More about Patrick P. Gelsinger's net worth.

How old is Patrick P. Gelsinger?

Mr. Gelsinger is currently 61 years old. There are 6 older executives and no younger executives at Intel. Learn More on Patrick P. Gelsinger's age.

What is Patrick P. Gelsinger's salary?

As the CEO of Intel Co., Mr. Gelsinger earns $8,360,000.00 per year. Learn More on Patrick P. Gelsinger's salary.

How do I contact Patrick P. Gelsinger?

The corporate mailing address for Mr. Gelsinger and other Intel executives is 2200 MISSION COLLEGE BLVD, SANTA CLARA CA, 95054. Intel can also be reached via phone at (408) 765-8080 and via email at [email protected] Learn More on Patrick P. Gelsinger's contact information.

Has Patrick P. Gelsinger been buying or selling shares of Intel?

Within the last three months, Patrick P. Gelsinger has bought $248,652.80 in shares of Intel stock. Most recently, on Monday, October 31st, Patrick P. Gelsinger bought 8,830 shares of Intel stock. The stock was acquired at an average cost of $28.16 per share, with a total value of $248,652.80. Following the completion of the transaction, the chief executive officer now directly owns 96,049 shares of the company's stock, valued at $2,704,739.84. Learn More on Patrick P. Gelsinger's trading history.

Who are Intel's active insiders?

Intel's insider roster includes Gregory Bryant (EVP), George Davis (CFO), Patrick Gelsinger (CEO), Omar Ishrak (Director), Brian Krzanich (CEO), Kevin Mcbride (VP), Gregory Pearson (VP), Venkata Renduchintala (Insider), Steven Rodgers (EVP), Navin Shenoy (EVP), Stacy Smith (Insider), Robert Swan (CEO), Dion Weisler (Director), Frank Yeary (Director), and David Zinsner (CFO). Learn More on Intel's active insiders.

Are insiders buying or selling shares of Intel?

In the last year, Intel insiders bought shares 7 times. They purchased a total of 95,755 shares worth more than $3,139,137.09. In the last year, insiders at the chip maker sold shares 1 times. They sold a total of 3,863 shares worth more than $188,553.03. The most recent insider tranaction occured on November, 8th when Director Lip Bu Tan bought 48,146 shares worth more than $1,347,125.08. Insiders at Intel own 0.0 % of the company. Learn More about insider trades at Intel.

Information on this page was last updated on 11/8/2022.

Patrick P. Gelsinger Insider Trading History at Intel

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/31/2022Buy8,830$28.16$248,652.8096,049View SEC Filing Icon  
8/24/2022Buy14,800$33.86$501,128.0077,216View SEC Filing Icon  
2/22/2022Buy5,600$44.27$247,912.00View SEC Filing Icon  
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Patrick P. Gelsinger Buying and Selling Activity at Intel

This chart shows Patrick P Gelsinger's buying and selling at Intel by year and by quarter.

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Intel Company Overview

Intel logo
Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products. The company also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, it offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. The company serves original equipment manufacturers, original design manufacturers, and cloud service providers. Intel Corporation has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search in the space of drugs. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
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Today's Range

Now: $29.17
Low: $28.89
High: $29.75

50 Day Range

MA: $27.88
Low: $25.04
High: $30.71

2 Week Range

Now: $29.17
Low: $24.59
High: $56.28

Volume

33,873,994 shs

Average Volume

39,266,992 shs

Market Capitalization

$120.38 billion

P/E Ratio

8.98

Dividend Yield

4.96%

Beta

0.75