Intel Appoints an Outsider as CFO

Intel announced the appointment of Robert “Bob” H. Swan as executive vice president and chief financial officer (CFO), replacing Stacy Smith, who, as previously announced, is taking a broader role within Intel leading manufacturing, sales and operations. Smith served nine years as Intel’s CFO.

Swan joins Intel from growth equity firm General Atlantic where he served as an operating partner. Previously, he served nine years as the CFO of eBay Inc. Before that, he was CFO at Electronic Data Systems Corp and at TRW Inc. He also served as CFO, COO and CEO of Webvan Group Inc.

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