On Wednesday, Gateway’s chief executive resigned from his post to pursue other interests, according to the company’s February 9 release.Rick Synder, a current Gateway board director and former COO and president, will serve as interim CEO until a permanent replacement is found.The company’s loss of Inouye comes amidst its recent scramble to stop ceding market share to rivals in the computer production space, like Dell. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Inouye took the chief executive reigns at Gateway just after the company’s March 2004 acquisition of smalltime PC maker eMachines, CNET News.com reports. Snyder is the chief executive and co-founder of Ann Arbor, Mich.-based Ardesta, a company that brings small technology products to the global marketplace.Inouye will receive some $720,000 as part of his severance package–the equivalent of one year of his base salary, CNET News.com reports. Don’t forget to keep checking in at our CIO News Alerts page for updated news coverage. Related content feature 4 reasons why gen AI projects fail Data issues are still among the chief reasons why AI projects fall short of expectations, but the advent of generative AI has added a few new twists. By Maria Korolov Oct 04, 2023 9 mins Data Science Machine Learning Artificial Intelligence feature What a quarter century of digital transformation at PayPal looks like Currently processing a volume of payments worth over $1.3 trillion, PayPal has repeatedly staked its claim as a digital success story over the last 25 years. But insiders agree this growth needs to be constantly supported by reliable technological ar By Nuria Cordon Oct 04, 2023 7 mins Payment Systems Digital Transformation Innovation news analysis Skilled IT pay defined by volatility, security, and AI Foote Partners’ Q3 report on IT skills pay trends show AI and security skills were in high demand, and the value of cash-pay premiums was more volatile but their average value across a broad range of IT skills and certifications was slightly do By Peter Sayer Oct 04, 2023 6 mins Certifications Certifications Certifications brandpost Future-Proofing Your Business with Hyperautomation By Veronica Lew Oct 03, 2023 7 mins Robotic Process Automation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe