Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
January 13, 2021 02:45 pm

Intel CEO Bob Swan To Step Down in February, VMware CEO Pat Gelsinger To Replace Him

Intel CEO Bob Swan is set to step down effective Feb. 15. From a report: VMWare CEO Pat Gelsinger will take over the position, sources told CNBC. Intel's stock was up about 13% in premarket trading following the news. VMWare's stock was down nearly 5%. Swan was named CEO in January 2019 after serving as interim CEO for seven months. During Swan's tenure, Intel has suffered blows from competitors. Over the summer, Intel reported that its latest generation chips would be delayed while AMD's were already shipping inside laptops. Apple announced in the fall that it would use its own proprietary chips in its Mac computers, breaking a 15-year partnership with Intel for its chip supplies.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/2EZptozwScE/intel-ceo-bob-swan-to-step-down-in-february-vmware-ceo-pat-gelsinger-to-replace-him

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot