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After a seven-month search, Intel names a new CEO

In somewhat of a surprise move, Intel Corp. this morning announced it has named Robert Swan its new CEO.

Swan, the chip giant’s chief financial officer, has been serving as interim CEO since Brian Krzanich left about seven months ago.

Swan, 58, will also serve on Intel’s board of directors. He will receive a salary of $1.3 million, according to the company’s filing with regulators.

“As Intel continues to transform its business to capture more of a large and expanding opportunity that includes…

Source: The Business Journal

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