Intel unexpectedly brought back one of its own to lead the company on Wednesday, naming Pat Gelsinger, its former chief technology officer and current VMware chief executive, as its new CEO.
Gelsinger will take over on February 15, replacing Bob Swan, Intel’s former chief financial officer who had transitioned to a full-time role as chief executive after former CEO Brian Krzanich stepped down in 2018. Swan was named as a temporary CEO while the company’s board of directors sought a new hire, but was eventually named as the full-time candidate.