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Intel confirms bob swan as 'new' CEO of the company

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We had already anticipated that Intel would announce the name of its new CEO very soon, sources said it would be in February, but the Californian company has moved ahead. Finally, the name chosen by Intel is the one that was its interim CEO, Bob Swan, who now becomes definitively CEO.

Robert Swan was interim CEO of the company for 7 months.

Intel's board of directors today announced that Robert (Bob) Swan has been named as its seventh chief executive officer, allowing him to move from his position as chief financial officer (CFO) to the most senior position.

For the past seven months, Bob Swan has acted as the company's interim CEO, and as of today Todd Underwood, Intel's vice president of finance and director of corporate planning and reporting, will take over as interim CFO. In the coming months, Intel plans to conduct an internal and external search for a permanent chief financial officer, a position left by Bob Swan.

A CNBC report states that Swan's name was contacted for the CEO position after Intel announced its financial results for the fourth quarter of 2018, alleging that the company was about to name another candidate for the position until recently. very little time.

Bob Swan was not the first choice

This means that Bob Swan's name was not first on Intel's priority list, but was named after 'discard', and that the person chosen was someone else. Conversations with the chief executive candidate are most likely unsuccessful, although at this point the source does not reveal who he was.

Bob Swan joined Intel as Chief Financial Officer in 2016, after spending 9 years as Chief Financial Officer of eBay.

'' Our core strategy is not changing: We have embarked on what we believe may be the most successful transformation in corporate history. We are evolving from a PC-centric company to a data-centric company that builds the technology foundation that powers the world's innovations, ' ' laughing ' Bob Swan said in his appointment.

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