Here's an announcement that took us somewhat by surprise in the tech industry this morning. Current Intel CEO Bob Swan is stepping down, effective February 15th. He will be replaced by Pat Gelsinger, who currently serves as the CEO of VMWare.
Gelsinger is a 40-year industry veteran, and spent 30 years previously at Intel. He was responsible for the formation of the Intel Developer Forum, and served as Chief Technology Officer for the company before leaving for EMC back in 2009. He later became CEO of VMWare in 2012. Gelsinger's engineering-based background is seen as the perfect fit for righting the ship at Intel.
“After careful consideration, the board concluded that now is the right time to make this leadership change to draw on Pat’s technology and engineering expertise during this critical period of transformation at Intel," said Omar Ishrak, independent chairman of the Intel board ...
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