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 $1.37 million as of February 1st, 2024. Mr. Gelsinger owns 31,275 shares of Intel stock worth more than $1,368,907 as of March 27th. This net worth estimate does not reflect any other assets that Mr. Gelsinger may own. Additionally, Mr. Gelsinger receives a salary of $2,750,000.00 as CEO at Intel. Learn More about Patrick P. Gelsinger's net worth.

How old is Patrick P. Gelsinger?

Mr. Gelsinger is currently 63 years old. There are 6 older executives and no younger executives at Intel. The oldest executive at Intel is Mr. George S. Davis, Executive Adviser, who is 66 years old. Learn More on Patrick P. Gelsinger's age.

What is Patrick P. Gelsinger's salary?

As the CEO of Intel Co., Mr. Gelsinger earns $2,750,000.00 per year. There are 2 executives that earn more than Mr. Gelsinger. The highest earning executive at Intel is Mr. Christoph Schell, Executive VP, Chief Commercial Officer and GM of Sales, Marketing & Communications Group, who commands a salary of $21,370,000.00 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?

Over the course of the past ninety days, Patrick P. Gelsinger has bought $249,752.00 in shares of Intel stock. Most recently, on Thursday, February 1st, Patrick P. Gelsinger bought 2,800 shares of Intel stock. The stock was acquired at an average cost of $42.74 per share, with a total value of $119,672.00. Following the completion of the transaction, the chief executive officer now directly owns 31,275 shares of the company's stock, valued at $1,336,693.50. 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), Michelle Holthaus (EVP), 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 6 times. They purchased a total of 27,875 shares worth more than $998,337.00. In the last year, insiders at the chip maker sold shares 3 times. They sold a total of 38,500,002 shares worth more than $1,572,340,064.82. The most recent insider tranaction occured on February, 1st when CEO Patrick P Gelsinger bought 2,800 shares worth more than $119,672.00. Insiders at Intel own 0.0% of the company. Learn More about insider trades at Intel.

Information on this page was last updated on 2/1/2024.

Patrick P. Gelsinger Insider Trading History at Intel

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/1/2024Buy2,800$42.74$119,672.0031,275View SEC Filing Icon  
1/29/2024Buy3,000$43.36$130,080.0028,475View SEC Filing Icon  
11/1/2023Buy6,775$36.80$249,320.0025,475View SEC Filing Icon  
8/2/2023Buy3,850$34.63$133,325.50105,495View SEC Filing Icon  
7/31/2023Buy3,250$35.87$116,577.50139,715View SEC Filing Icon  
5/1/2023Buy8,200$30.41$249,362.00138,265View SEC Filing Icon  
2/23/2023Buy9,700$25.68$249,096.0018,700View SEC Filing Icon  
1/31/2023Buy9,000$27.83$250,470.009,000View SEC Filing Icon  
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  
See Full Table

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 designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products. It also offers silicon devices and software products; and optimization solutions for workloads, such as AI, cryptography, security, storage, networking, and leverages various features supporting diverse compute environments. In addition, the company develops and deploys advanced driver assistance systems (ADAS), and autonomous driving technologies and solutions; and provides advanced process technologies backed by an ecosystem of IP, EDA, and design services, as well as systems of chips, including advanced packaging technologies, software and accelerate bring-up, and integration of chips and driving standards. Further, it delivers and deploys intelligent edge platforms that allow developers to achieve agility and drive automation using AI for efficient operations with data integrity, as well as provides hardware and software platforms, tools, and ecosystem partnerships for digital transformation from the cloud to edge. The company serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers. It has a strategic agreement with Synopsys, Inc. to develop EDA and IP solutions; and ARM that enables chip designers to build optimized compute SoCs on the Intel 18A process. Intel Corporation was incorporated in 1968 and is headquartered in Santa Clara, California.
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Today's Range

Now: $43.77
Low: $42.50
High: $43.83

50 Day Range

MA: $43.98
Low: $41.83
High: $49.55

2 Week Range

Now: $43.77
Low: $26.85
High: $51.28

Volume

50,973,957 shs

Average Volume

45,228,254 shs

Market Capitalization

$185.06 billion

P/E Ratio

112.23

Dividend Yield

1.20%

Beta

1