Intel makes interim CEO Swan permanent, bucking history of insiders

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Leader did not rise through the company ranks, shares down.

Intel makes interim CEO Swan permanent, bucking history of insiders
Intel Corp made interim Chief Executive Officer Robert Swan's role permanent on Thursday, marking the first time the chipmaker has picked a leader who did not rise through the company ranks, sending Intel shares down and boosting rivals. Swan, 58, who was previously Intel's chief financial ...

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