Patrick P. Gelsinger is a well-known American business executive and engineer who is currently serving as the CEO of Intel. He has been an influential figure in the technology industry for many years, having held leadership positions at some of the most prominent companies in the sector.
In this article, we will delve into the various aspects of Pat Gelsinger net worth, including his salary, wiki, age, height, weight, family, career, personal life and news in 2023.
|Full Name||Patrick Paul Gelsinger|
|Popular Name||Pat Gelsinger|
|Birth Date||March 5, 1961|
|Age||62 years (as of August 23, 2023)|
|Parents||June and Paul Gelsinger|
|Siblings||Not mentioned in the context|
|Birth Place||Robesonia, Pennsylvania, USA|
|Ethnicity||Not mentioned in the context|
|Education||Associate degree from Lincoln Technical Institute, Bachelor’s degree from Santa Clara University, Master’s degree from Stanford University|
|Sexual Orientation||Not mentioned in the context|
|Net Worth||Estimated to be about $92.79M as of 2023|
|Source of Wealth||CEO of Intel Corporation, previously CEO of VMware, President and COO at EMC, stock ownership|
|Height||Not mentioned in the context|
|Weight||Not mentioned in the context|
What is Pat Gelsinger’s Net Worth An Salary in 2023?
As of 15 August 2023, Patrick P. Gelsinger’s estimated net worth is $92.79M. This impressive sum is derived from his ownership of over 35,135 units of VMware stock worth over $7,312,356, in addition to the $42,549,700 he earns as CEO and Director of VMware.
Over the last 18 years, Pat Gelsinger has sold VMW stock worth over $410,273 and has made over 57 trades of the VMware stock since 2005, according to the Form 4 filled with the SEC. The largest trade he’s ever made was exercising 185,000 units of Vmware stock on 21 July 2006 worth over $2,207,050. On average, Patrick trades about 12,068 units every 50 days since 2005. As of 15 August 2023, he still owns at least 45,138 units of Vmware stock. You can see the complete history of Mr. Gelsinger’s stock trades at the bottom of the page.
As the Chief Executive Officer and Director of VMware, Patrick Gelsinger earns a total compensation of $42,549,700. This salary is the highest among all executives at VMware.
Pat Gelsinger Biography
Patrick Paul Gelsinger was born on March 5, 1961. He is an American business executive and engineer who has held leadership positions at some of the most prominent technology companies in the world.
Gelsinger graduated from Stanford University with a master’s degree in engineering and was the chief architect of the i486 processor in the 1980s. Before returning to Intel, he was CEO of VMware and president and Chief Operating Officer (COO) at EMC.
Patrick Gelsinger is currently 59 years old. He has been the CEO and Director of VMware since 2012. There are 6 older and 12 younger executives at VMware. The oldest executive at VMware Inc. is Michael Brown, 74, the Independent Director.
Height and Weight
Unfortunately, we do not have information about Pat Gelsinger’s height and weight.
Pat Gelsinger was raised on family farms by his parents, June and Paul Gelsinger, in rural Robesonia, in an Amish and Mennonite part of Pennsylvania.
Career and Awards
Gelsinger’s journey began at Intel in 1979, where he became the company’s first chief technology officer. He served as senior vice president and the general manager of the Digital Enterprise Group, managing the creation of key industry technologies such as USB and Wi-Fi. His technical prowess was evident as he architected the original 80486 processor and led 14 microprocessor programs, playing key roles in the Intel® Core™ and Intel® Xeon® processor families.
In 2009, after a 30-year tenure at Intel, Gelsinger experienced a major setback when he was pushed out of the company. However, he bounced back and joined EMC as president and chief operating officer. In 2012, he became the CEO of VMware, where he transformed the company into a recognized global leader in cloud infrastructure, enterprise mobility, and cybersecurity. His leadership skills were acknowledged when he was ranked the best CEO in America in 2019, according to an annual survey by Glassdoor.
Gelsinger returned to Intel as their new CEO on February 15, 2021, amidst reorganization pressure due to languishing share prices. Despite the challenges, his appointment was met with positive responses, driving Intel’s share prices up nearly 8%. In his first year as CEO, Gelsinger earned $179 million, with a base salary of $1.1 million, a cash hiring bonus of $1.75 million, and nearly $170 million in stock awards.
Throughout his illustrious career, Gelsinger has been honored with several awards. He received an honorary doctor of science degree from Indiana Wesleyan University, and a bronze bust of him was placed in the university’s library rotunda. In 2022, he was awarded an honorary Doctorate of Engineering from Ohio State University. Furthermore, he received the prestigious Edison Achievement Award in 2023, acknowledging his significant contributions to the technology field.
Unfortunately, we do not have any information regarding Pat Gelsinger’s personal life.
Pat Gelsinger’s News 2023
As of August 2023, there is no substantial news about Pat Gelsinger to report.
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Social Media Accounts
FAQs about Pat Gelsinger
What is Pat Gelsinger’s estimated net worth as of August 15, 2023?
Patrick P. Gelsinger’s estimated net worth is $92.79M as of 15 August 2023.
How much does Pat Gelsinger earn as CEO and Director of VMware?
Pat Gelsinger earns a total compensation of $42,549,700 as CEO and Director of VMware.
What is Pat Gelsinger’s age?
Patrick Gelsinger is currently 59 years old.
Has Pat Gelsinger won any awards during his career?
There is no information about any awards Pat Gelsinger has won during his career.
What is Pat Gelsinger’s professional background?
Pat Gelsinger has a strong professional background in the technology industry, having held leadership positions at several prominent companies. He is currently the CEO of Intel and previously served as CEO of VMware and President and COO at EMC. Before that, he led Intel’s Desktop Products Group and was the chief architect of the i486 processor.
Pat Gelsinger’s net worth is estimated at $92.79 million as of 2023. His wealth primarily comes from his role as the CEO of Intel Corporation and previously as the CEO of VMware and President and COO at EMC. He also has significant stock ownership, which contributes to his net worth.