Robert Swan named Intel CEO

Intel, it seems, didn’t have to look too hard to find its new CEO. Half a year after being named interim CEO, Bob Swan is taking the job full-time. Swan, the seventh CEO in Intel’s 50 year history will also be joining the chip maker’s board of directors.

Prior to this gig, Swan was Intel’s CFO, grabbing that gig in late-2016 after holding positions at eBay and Electronic Data Systems Corp. Swan stepped into the interim role as word emerged of then-CEO Brian Krzanich’s “past consensual relationship” with an employee.

“In my role as interim CEO, I’ve developed an even deeper understanding of Intel’s opportunities and challenges, our people and our customers,” Swan in a release tied to the news. “When the board approached me to take on the role permanently, I jumped at the chance to lead this special company. This is an exciting time for Intel: 2018 was an outstanding year and we are in the midst of transforming the company to pursue our biggest market opportunity ever.”

Todd Underwood, the company’s VP of Finance, will become the interim CFO as the chipmaker looks to permanently fill that role. 



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