Information is breaking that Intel has introduced that Pat Gelsinger, CEO of VMWare, is to take the position of CEO at Intel from February fifteenth.
Intel at the moment has launched a press assertion saying that present CEO Bob Swan (who we interviewed just a few days in the past!) is to step down in his position, and be succeeded by Pat Gelsinger. Gelsinger, a veteran of the business, has spent over 40 years at firms similar to VMWare, EMC, and spent 30 years beforehand at Intel, reaching the potisition of Chief Expertise Officer. In that position he drove creation of requirements similar to USB, Wi-Fi, he was the architect of the 80486, and performed key roles in 14 generations of Intel Core and Xeon processors.
Rumors of Intel getting a brand new CEO have by no means died down, even since Bob Swan formally took the position from Brian Krzanich in January 2019. Via these two years, Swan has seen successive YoY progress within the firms income streams, in addition to a turnover of high-profile technical personnel, similar to Dr. Murthy Renduchintala. The purpose has seemingly been to push Intel into extra areas for TAM progress, whereas on the similar time push via the elemental points surrounding the delays to manufacturing on the 10nm node, which has been delayed for a few years at this level, and the 7nm node, to which delays have been introduced extra lately. The lacking piece of the puzzle has been having an engineer on the prime of Intel’s meals chain, steering the ship, and for people who wished this to occur, it seems to be so, from February fifteenth.
That is breaking information. Web page shall be up to date as information is available in.