Jan. 13, 2021
Here is the link.
Intel Appoints Tech Industry Leader Pat Gelsinger as New CEO
Jan. 13, 2021
Here is the link.
Intel Appoints Tech Industry Leader Pat Gelsinger as New CEO
News Highlights:
- Bob Swan will remain in CEO role until February 15
- Intel expects to exceed its previously communicated guidance for fourth-quarter 2020 revenue and earnings per share (EPS). Full fourth-quarter results will be released Jan. 21, 2021, as scheduled.
- The company has made strong progress on its 7nm process technology and will provide an update on its Jan. 21 earnings call.
SANTA CLARA, Calif., Jan. 13, 2021 – Intel today announced that its board of directors has appointed 40-year technology industry leader Pat Gelsinger as its new chief executive officer, effective Feb. 15, 2021. Gelsinger will also join the Intel board of directors upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb. 15.
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. In addition, 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 as previously scheduled on Jan. 21, 2021.
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