- Intel (NASDAQ:INTC) CEO Bob Swan to step down as CEO on Feb. 15, CNBC's David Faber said, citing people familiar.
- VMWare (NYSE:VMW) CEO Pat Gelsinger to replace Swan as CEO of Intel.
- Intel gained 9% in premarket trading; VMWare fell 4.1%.
- Earlier this month, in a move that generally indicates that a company is under pressure, Intel's CEO Bob Swan had a call with an activist investor.
https://seekingalpha.com/news/3651072-intel-ceo-bob-swan-to-step-down-feb-15-cnbc-says
Submitted January 13, 2021 at 09:15AM by Ironleg01 https://ift.tt/2Lk91pv
