Intel Corp. is looking beyond its previous custom of promoting from within for a new CEO, focusing instead on outside talent amid organizational challenges.
The company has engaged Spencer Stuart for its leadership search, reflecting the urgency of the situation after the abrupt firing of CEO Pat Gelsinger.
Intel's management has been unstable due to a long history of turnover, creating a discernible gap in strong, homegrown leadership candidates.
As of now, interim co-CEOs David Zinsner and Michelle Johnston Holthaus are leading the company while the board seeks a more permanent solution.
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