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INTC Intel Corporation

30.74
-0.23 (-0.74%)
After Hours
Last Updated: 00:31:17
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.23 -0.74% 30.74 30.71 30.74 31.45 30.61 31.09 43,838,079 00:31:17

Intel CEO Bob Swan Steps Down

13/01/2021 3:07pm

Dow Jones News


Intel (NASDAQ:INTC)
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From May 2019 to May 2024

Click Here for more Intel Charts.
By Asa Fitch 

Intel Corp. ousted Chief Executive Bob Swan in a surprise move after activist hedge fund Third Point LLC urged sweeping changes at the company to revive the U.S. semiconductor giant's fortunes.

Intel on Wednesday said Mr. Swan would be replaced by VMWare CEO Pat Gelsinger effective Feb. 15. Mr. Gelsinger once served as Intel's technology chief.

More to follow

Write to Asa Fitch at asa.fitch@wsj.com

 

(END) Dow Jones Newswires

January 13, 2021 09:52 ET (14:52 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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