Intel’s New CEO Used to be CFO, and Analysts Worry

Intel’s bumpy first quarter under new CEO Bob Swan has sparked a debate among analysts: Is the company’s former CFO the right person to lead the chip giant at a critical juncture?

Swan was named permanent CEO in January after serving as interim chief following the sudden departure of Brian Krzanich, who stepped down last June. He joined Intel in 2016 as CFO after also serving in similar roles at eBay and EDS. Unlike his predecessors, like Krzanich, Andy Grove and Craig Barrett — all engineers —Swan’s background is in finance.

Read the full article here.

previous post Back to Articles next post

13 Jan 2025

Martinwolf Celebrates 28 Years

View a pdf of this letter here.    Dear Valued Clients and Friends, As martinwolf celebrates 28 years of helping clients navigate the complexities of middle market IT M&A, I want to express my heartfelt gratitude for your trust and partnership. This milestone reflects the dedication, expertise, and collaboration of our entire team —and the...

24 Apr 2024

Celestica (NYSE: CLS) to Acquire NCS Global from Heritage Holding

Financial Information Enterprise Value: $36M (and a possible earnout payment should certain post-closing financial conditions be met) Transaction Details Celestica has entered into a definitive agreement to acquire NCS Global, a US-based IT infrastructure and asset management business. The transaction is expected to close in May 2023 or earlier, subject to satisfaction of customary closing...

02 Apr 2024

CD&R to Acquire Presidio from BC Partners

Financial Information Not Disclosed Transaction Details Clayton Dubilier & Rice (CD&R) and BC Partners announced on April 2, 2024, that they have entered into a definitive agreement under which CD&R will acquire a majority ownership of Presidio. Funds affiliated with BC Partners will retain minority ownership interest. The transaction is expected to close in the...