How Intel’s search for a new CEO may break this 56-year long tradition

Intel is actively exploring external candidates to replace ousted CEO Pat Gelsinger, with the chipmaker’s board engaging executive search firm Spencer Stuart to identify potential successors, multiple sources reported.
The 56-year old American chipmaker will be breaking from its traditional internal promotion strategy, with sources indicating the company is seriously considering outside talent to lead the struggling semiconductor giant.
Two prominent candidates have emerged from reports. Matt Murphy, CEO of Marvell Technology, and Lip-Bu Tan, a former Intel board member, are reportedly at the top of the shortlist.