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Robert (Bob) Holmes Swan (born 1959 or 1960) is an American business executive. He was
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...
of
Intel Corporation Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 series ...
from January 2019 until February 15, 2021. He joined Intel as
CFO The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financi ...
in October 2016 from General Atlantic, after spending years as CFO at
eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a ...
,
Electronic Data Systems Electronic all cash BSN acc: 1311729000110205 Data Systems (EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas which was founded in 1962 by Ross Perot. The company was a sub ...
, and TRW Inc. Following the resignation of
Brian Krzanich Brian Matthew Krzanich (born May 9, 1960) is an American engineer and Krzanich joined Intel as an engineer in 1982 and served as chief operating officer (COO) before being promoted to CEO in May 2013. As CEO, Krzanich was credited for diversifyin ...
as Intel CEO, he was named
interim An interim is a period of temporary pause or change in a sequence of events, or a temporary state, and is often applied to transitional political entities. Interim may also refer to: Temporary organizational arrangements (general concept) * Provi ...
CEO on June 21, 2018, and appointed to full-time CEO on January 31, 2019. As of February 15, 2021 Swan was replaced by
VMware VMware, Inc. is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California. VMware was the first commercially successful company to virtualize the x86 architecture. VMware's desktop software r ...
CEO
Pat Gelsinger Patrick Paul Gelsinger (; born March 5, 1961) is an American business executive and engineer currently serving as CEO of Intel. Based mainly in Silicon Valley since the late 1970s, Gelsinger graduated from Stanford University with a master's deg ...
. In July 2021, Silicon Valley venture capital firm Andreessen Horowitz announced that Swan will be joining the firm.


Early life and education

Bob Swan was born in
Syracuse, New York Syracuse ( ) is a city in and the county seat of Onondaga County, New York, United States. It is the fifth-most populous city in the state of New York following New York City, Buffalo, Yonkers, and Rochester. At the 2020 census, the city's ...
. He graduated from
Corcoran High School Corcoran High School is a public high school located in Syracuse, New York, having approximately 1800 students. In 2005, it became a member of the International Baccalaureate Diploma Program. It is one of the top 1000 ranked schools in the country ...
in 1978. He received a
bachelor's degree A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six y ...
in
business administration Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management ...
from the
University at Buffalo The State University of New York at Buffalo, commonly called the University at Buffalo (UB) and sometimes called SUNY Buffalo, is a public research university with campuses in Buffalo and Amherst, New York. The university was founded in 1846 ...
School of Management in 1983 and his MBA from
Binghamton University The State University of New York at Binghamton (Binghamton University or SUNY Binghamton) is a public research university with campuses in Binghamton, Vestal, and Johnson City, New York. It is one of the four university centers in the State ...
in 1985.


Career


General Electric and Electronic Data Systems

Swan worked at
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy ...
starting in 1985 after receiving his MBA, holding various senior finance roles during his 15-year tenure. He was at
Electronic Data Systems Electronic all cash BSN acc: 1311729000110205 Data Systems (EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas which was founded in 1962 by Ross Perot. The company was a sub ...
as CFO. From 1988 until 1994 he was involved with GE's corporate audit staff, and afterwards he became the CFO of GE Transportation Systems. From 1997 until 1998, he was the vice president of Finance for GE Medical Systems in Europe. From 1998 until 1999, he was vice president of finance and CFO of GE Lighting. He joined
Webvan Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California, United States. It delivered products to customers' homes within a 30-minute window o ...
in 1999 as a vice president of finance. From 2000 until 2001 he was the company's COO and CFO. In 2001 he became CEO after the resignation of
George Shaheen George T. Shaheen (born July 11, 1944) is an American businessman. He became chief executive at management consulting firm Andersen Consulting in 1989, and in 1999 became CEO of Webvan. Shaheen was CEO of Siebel Systems from 2005 until 2006. Ea ...
four months before the company went under. After Webvan, he joined TRW as CFO, serving as vice president of TRW Automotive Holdings. He was with TRW from July 2001 until December 2002. In 2001, he became CFO of Northrop Grumman Space & Mission Systems Corporation. He was also CFO of Electronic Data Systems Corporation. From 2003 until 2006, he was CFO of
HP Enterprise Services DXC Technology is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia. History DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company (HPE) ...
.


eBay and General Atlantic

Swan was appointed eBay CFO in February 2006. He was CFO at eBay from March 2006 until July 2015. In 2015 he "oversaw" the spinoff of PayPal Holdings. In 2013, the ''
Silicon Valley Business Journal American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News ...
'' named him CFO of the Year. In 2014, he won a Lifetime Achievement Award at the Bay Area CFO of the Year Awards. That year, ''Institutional Investor'' named him to its America's Best CFOs list. In 2015, he became an operating partner at the growth equity firm
General Atlantic LLC General Atlantic (also known as "GA") is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for ...
. He was an operating partner at General Atlantic from September 2015 until September 2016.


Intel

In September 2016, Swan was named the new CFO of
Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
, replacing Stacy Smith, and joining from General Atlantic. He officially joined Intel on October 10, 2016 as executive vice president and first outside CFO that Intel had recruited since 1983. He was named
interim An interim is a period of temporary pause or change in a sequence of events, or a temporary state, and is often applied to transitional political entities. Interim may also refer to: Temporary organizational arrangements (general concept) * Provi ...
CEO on June 21, 2018 following the resignation of
Brian Krzanich Brian Matthew Krzanich (born May 9, 1960) is an American engineer and Krzanich joined Intel as an engineer in 1982 and served as chief operating officer (COO) before being promoted to CEO in May 2013. As CEO, Krzanich was credited for diversifyin ...
. Swan had oversight at that point for sales, manufacturing, and operations. In September 2018, he addressed supply concerns with an open letter. Bob Swan remained Intel's interim CEO and CFO until January 31, 2019 when he was appointed permanent CEO. He had reportedly told employees he was not pursuing a permanent CEO position. In December 2018, it was reported that he was the only Intel insider buying stock since 2010. He was also the only eBay insider to buy stock in years. On January 13th, 2021, Intel announced Bob Swan would step down as CEO and be replaced by VMware CEO
Pat Gelsinger Patrick Paul Gelsinger (; born March 5, 1961) is an American business executive and engineer currently serving as CEO of Intel. Based mainly in Silicon Valley since the late 1970s, Gelsinger graduated from Stanford University with a master's deg ...
. Intel stock rose over 7% after this announcement.


Andreessen Horowitz

In July 2021, Swan joined the Silicon Valley venture capital firm
Andreessen Horowitz Andreessen Horowitz (also called a16z, legal name AH Capital Management, LLC) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen ...
.


Organizations

In April 2001, Swan became a director at Webvan group, and he was a director at PayPal Holdings until July 17, 2015. In June 2011, he was a director at Radial. He joined eBay's board in 2015 and in 2016 he was on the boards of eBay,
Applied Materials Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, televisions, and s ...
, App Dynamics, and Alignment Healthcare. He was on the board of AppDynamics until October 2016 and Applied Materials until September 2016. He remains on the board of Alignment Healthcare. He is also a director of Skype Global, and has been since December 2009.


Personal life

Bob Swan lives in the
San Francisco Bay Area The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Gover ...
, California. He is married and has two children.


See also

*
List of chief executive officers The following is a list of chief executive officers of notable companies. The list also includes lead executives with a position corresponding to chief executive officer (CEO), such as managing director A chief executive officer (CEO), also kno ...


References

{{DEFAULTSORT:Swan, Bob Intel people Living people 20th-century American businesspeople 21st-century American businesspeople American chief executives of manufacturing companies American chief operating officers Year of birth uncertain University at Buffalo alumni