Items tagged with bob swan

Here's an announcement that rocked the tech industry this morning: current Intel CEO Bob Swan is stepping down, effective February 15th. He will be replaced by Pat Gelsinger, who currently serves as the CEO of VMWare. Gelsinger is a 40-year industry veteran, and spent 30 years previously at Intel. He was responsible for the formation of the Intel Developer Forum, and served as Chief Technology Officer for the company before leaving to head to EMC back in 2009. He later became CEO of VMWare in 2012. Gelsinger's engineering-based background is seen as the perfect fit for righting the ship at Intel. “After careful consideration, the board concluded that now is the right time to make this... Read more...
Intel finds itself in an interesting position these days, one that is far more competitive than it has been for quite some time (since the Athlon 64 era). Problems pushing out 10-nanometer processors have been well documented, shortages of 14nm silicon are no secret (Intel recently posted an apology letter to customers over it), and it's ceding ground to rival AMD in market share. Touching on these topics, Intel CEO Bob Swan offered up a rather blunt assessment of where Intel is at and its future goals. Much of what Swan had to say is stuff we have heard before in some form or another. However, some of his remarks were a bit more candid than some folks might expect. To Swan's credit, he's been... Read more...
It’s been a 7-month-long search, but Intel finally has named its permanent CEO, and the company didn’t have to look very far. Intel has announced that interim CEO Robert (Bob) Swan will now serve permanently in that position. Swan previously served as Intel’s Chief Financial Officer, a role he took on in October 2016. Swan is a finance guy at heart, having served as CFO at giants like Electronic Data Systems, TRW, and eBay. However, Swan has spent the past seven months working closely with Intel’s senior leadership ranks as he plots a path forward for a company. Intel is looking to diversify into sectors like artificial intelligence, discrete graphics (GPUs) and autonomous... Read more...