It takes something like 5 or 6 years to go from the drawing board for a chip design, and many years to create a process node. Gelsinger hasn't really even had the chance to execute on designs that were started during his tenure. My understanding is that would've started with Intel 18A.

That doesn't really answer the question. Yes he has started initiatives that will take 5-6 years to pan out. Is there an early indication that they aren't all duds? How can anyone state with any certainty that Intel is on a better path today than it was 4 years ago when every single measurable metric is continuing to decline?