Intel Appoints Tech Industry Leader Pat Gelsinger as New CEO

Intel has announced that it has appointed Pat Gelsinger as its new CEO. His appointment will be effective February 15, 2021. Gelsinger will also join the Intel BoD upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb 15.

Although Gelsinger was most recently, since 2012, the CEO of VMware since 2012, he has been a part of Intel for over 30 years. His work experience includes transforming VMware's infrastructure, enterprise mobility and cybersecurity. He almost tripled the company’s annual revenues in 8 years. Before VMware, he was the president and COO of EMC Information Infrastructure Products. There,  he oversaw engineering and operations for information storage, data computing, backup and recovery, RSA security and enterprise solutions.

Before EMC, he spent 30 years at Intel. He was also the company’s first CTO. His notable works include being the architect of the original 80486 processor. He also led 14 different microprocessor programs and played key roles in the Core and Xeon families. Further, he drove the creation of key industry technologies such as USB and Wi-Fi. Gelsinger has more than four decades of technology and leadership experience.

Pat Gelsinger, CEO, Intel

From the leaders

“Pat is a proven technology leader with a distinguished track record of innovation, talent development, and deep knowledge of Intel. He will continue a values-based cultural leadership approach with a hyper-focus on operational execution,” said Omar Ishrak, independent chairman of the board. “After careful consideration, the board concluded that now is the right time to make this leadership change; to draw on Pat’s technology and engineering expertise during this critical period of transformation at Intel. The board is confident that Pat, together with the rest of the leadership team, will ensure strong execution of Intel’s strategy to build on its product leadership and take advantage of the significant opportunities ahead as it continues to transform from a CPU to a multi-architecture XPU company.”

“I am thrilled to rejoin and lead Intel forward at this important time for the company, our industry and our nation,” said Gelsinger. “Having begun my career here and learned at the feet of Grove, Noyce and Moore, it’s my privilege and honour to return in this leadership capacity. I have tremendous regard for the company’s rich history and powerful technologies that have created the world’s digital infrastructure. I believe Intel has significant potential to continue to reshape the future of technology and look forward to working with the incredibly talented global team to accelerate innovation and create value for our customers and shareholders.”