Analyst Note| Abhinav Davuluri, CFA |
On Jan. 13, Intel announced that Pat Gelsinger will replace Bob Swan as CEO effective Feb. 15. Gelsinger has a rich technology background, having served as CEO of VMware since 2012 and spending the first 30 years of his career at Intel. At Intel, Gelsinger was the firm’s first chief technology officer and also led 14 different microprocessor programs, including key roles in the Xeon (server) and Core (PC) product families. At VMware, Gelsinger was instrumental in transitioning the firm from a pioneer in data center virtualization into a critical component of cloud infrastructure.