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Intel's Interim CEO Robert Swan Becomes Full-Time CEO

posted by martyb on Friday February 01 2019, @03:38PM   Printer-friendly
from the big-bird dept.

takyon writes:

Robert Swan Named CEO of Intel

Intel today announced that its board of directors had named Robert Swan, its CFO and interim CEO, as full-time chief executive officer. Mr. Swan will be the company's first CEO with financial background. As the head of the company, Mr. Swan will continue Intel's transformation from a PC-centric to a data-centric company with a focus on improving execution and aggressive capturing addressable markets using ambitious technologies.

Robert Swan (58) becomes chief exec of Intel at a rather interesting, yet challenging time. The world is at a strategical inflection point when multiple technologies have to converge in a bid to enable the next phase of industrial and social development. To stay relevant, Intel not only needs to retain its leading position as a developer and maker of CPUs and compute platforms, but also gain new important competencies. Meanwhile, the company is facing multiple challenges. Its traditional rivals are getting stronger (partly because they are forming alliances) and new competitors are emerging. In the meantime, Intel's leadership in semiconductor production is now challenged and many of its opponents have certain advantages.

Previously: Intel CEO Brian Krzanich Quits after Fling with Coworker Revealed
AMD Responds to Radeon VII Short Supply Rumors

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  • (Score: 3, Interesting) by takyon on Friday February 01 2019, @05:15PM (2 children)

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Friday February 01 2019, @05:15PM (#795079) Journal

    Intel poached some big names from AMD recently, including Raja Koduri [soylentnews.org] and Jim Keller [wikipedia.org] (the guy behind Zen, actually poached from Tesla). It seems fine to have the finance guy running the show with some massive legends in charge of the technical aspects. Time will tell.

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  • (Score: 0) by Anonymous Coward on Friday February 01 2019, @05:25PM

    by Anonymous Coward on Friday February 01 2019, @05:25PM (#795086)

    Didn't that Raja heavily over-promise and under-deliver at AMD? Then start playing the blame game for the failure? That is what I have heard, but no idea if it is accurate.

  • (Score: 2) by SunTzuWarmaster on Friday February 01 2019, @07:48PM

    by SunTzuWarmaster (3971) on Friday February 01 2019, @07:48PM (#795154)
    Could work as a strategy - get some real top tech and let the finances get the direction. He was instrumental in poaching the top tech, and that ain't nothing.