From PC Mag: Intel has a permanent Chief Executive Officer once again. Following a seven-month search for a new top brass following the resignation of former CEO Brian Krzanich, the chipmaker on Thursday announced it had appointed Bob Swan to take the helm and serve on Intel's board.
Swan has been serving as Intel's interim CEO since Krzanich's exit. Before that, he was Intel's Chief Financial Officer since 2016, leading the company's global finance, mergers and acquisitions, investor relations, IT and corporate strategy teams.
"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 in a statement. "When I was first named interim CEO, I was immediately focused on running the company and working with our customers."
This new appointment makes Swan Intel's seventh CEO since the company formed more than 50 years ago.
In a statement, Intel Chairman Andy Bryant said the board conducted a "thorough search" and evaluated a "wide range of internal and external candidates" before coming to this decision.
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