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.

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