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Intel’s interim CEO Bob Swan gets the job permanently

Robert Swan

Chip giant Intel has appointed Robert (“Bob”) Swan as its new CEO, seven months after giving him the job on an interim basis, following Brian Krzanich’s departure.

Krzanich resigned last June under somewhat peculiar circumstances, after he was found to have engaged in a “consensual relationship” with an employee a while back. The relationship, which only came to light much later, violated an internal “non-fraternization policy” that applies to all senior managers.

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Swan began his career at General Electric and spent nine years as chief financial officer (CFO) of eBay. He later joined investment firm General Atlantic, before leaving to become Intel’s CFO in 2016 — a role he has continued to hold while serving as interim CEO.

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