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5 Key Points About Intel Permanent CEO Bob Swan

Intel announced that CFO Bob Swan, who has been serving as interim CEO since the departure of Brian Krzanich, will remain in the chief executive role.

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Early Career

Swan got his start at General Electric, in 1985, and went on to spend 14 years at the company. Roles at GE included serving as CFO for GE Transportation Systems, GE Medical Systems and GE Lighting.

After leaving General Electric in 1999, Swan joined online grocery startup Webvan as chief operating officer, and became CEO in April 2001. Later that year, Webvan filed for bankruptcy and shut down, in what was among the most prominent dot-com era meltdowns.

Following a stint as of CFO of TRW Inc., a global supplier of automotive systems, Swan went on to become CFO of Electronic Data Systems, the IT outsourcing firm founded by Ross Perot. Swan worked at EDS from 2003 to 2006, serving as part of a management team that helped EDS through a difficult period. EDS was acquired by Hewlett-Packard Co. in 2008.

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