Aerospace industry veteran Kelly Ortberg was named Boeing's new CEO in July, succeeding Dave Calhoun to turn the struggling planemaker around. Calhoun, 66, was brought in as CEO following a pair of crashes in 2018 and 2019 that killed nearly 350 people.

Intel CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim Co-CEOs. Gelsinger, whose career has spanned more than 40 years, also stepped down from the company's board,

After a largely disappointing year for Intel, the company’s stock has seen a modest jump this morning in the wake of an announcement that CEO Pat Gelsinger is retiring —effective immediately.