They’ve been a figuratively rudderless ship for a good six months now but Intel has finally announced the appointment of its next CEO, the seventh CEO in Intel’s history.
Robert Swan will be stepping into the position having served as interim CEO since Brian Krzanich resigned back in June 2018 over his affair with an Intel 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 said.
“When I was first named interim CEO, I was immediately focused on running the company and working with our customers. 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. I’m honored to have the chance to continue working alongside our board, our leadership team, and our more than 107,000 superb employees as we take the company forward.”
For Intel, this basically means business as usual. Swan has already proven his credentials during the interim period and his year as CFO, so he’ll just be continuing the role in a permanent capacity. Swan had originally said he didn’t want the position, although during his interim tenure something clearly clicked and he changed his mind.
Swan’s job will now be to continue to diversify Intel’s portfolio, help finally oversee the arrival of its 10nm chips, and to claw back market share from both Samsung and a resurgent AMD. Intel is of course also on course to step into the arena of dedicated graphics cards, with recent talk of attempts to poach AMD and Nvidia talent. Exciting times ahead for Team Blue then, let’s see how it all shakes out.