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Intel gives interim CEO Robert Swan the full-time job

Intel has announced that the company's interim CEO now has the job on a full-time basis. Robert "Bob" Swan has been appointed to lead the chipmaker as its seventh CEO. Swan took over on an initially temporary basis seven months ago, but was rubber-stamped by the board today. In a letter sent to all employees, Swan said that he was "honored and humbled" to be named its permanent leader.

Swan was previously the CFO, and stepped into the top job after predecessor, Brian Krzanich suddenly resigned. Krzanich's departure was due to the disclosure of a "past consensual relationship" with an Intel employee, violating the company's non-fraternization policies.

The new CEO outlined a number of causes that he will champion under his now-official leadership at the company. "Our execution must improve. And it will. Our customers are counting on us," he wrote, possibly a subtle dig at the company's sluggishness to produce new chips.

In addition, Swan wants to continue Intel's transition from a PC company to one that is "data-centric" and to be bold rather than defensive. That may be a hint that Swan is dissatisfied at how much ground Intel has lost in mobile and in data centers.

Via: CNBC

Source: Intel


via engadget.com

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