Intel names Pat Gelsinger for CEO job replacing Bob Swan

Intel announced the appointment of Pat Gelsinger as its chief executive officer, effective Feb. 15, 2021. Pat Gelsinger will succeed Bob Swan, who will remain CEO until Feb. 15.
VMware CEO Pat Gelsinger
Intel said today’s announcement is unrelated to Intel’s 2020 financial performance. Intel expects its fourth-quarter 2020 revenue and EPS to exceed its prior guidance provided on Oct. 22, 2020. Intel said the company has made strong progress on its 7nm process technology and plans on providing an update when it reports its full fourth-quarter and full-year 2020 results on Jan. 21, 2021.

Most recently, Pat Gelsinger served as the CEO of VMware since 2012, where he transformed the company into a recognized global leader in cloud infrastructure, enterprise mobility and cyber security, almost tripling the company’s annual revenues.

Prior to joining VMware, Pat Gelsinger was president and chief operating officer of EMC Information Infrastructure Products at EMC, overseeing engineering and operations for information storage, data computing, backup and recovery, RSA security and enterprise solutions.

Before joining EMC, Pat Gelsinger spent 30 years at Intel, becoming the company’s first chief technology officer and driving the creation of key industry technologies such as USB and Wi-Fi. He was the architect of the original 80486 processor, led 14 different microprocessor programs and played key roles in the Core and Xeon families.