View source for Bob Swan

{{short description|American business executive}}
{{pp-blp|small=yes}}
{{Use mdy dates|date=December 2023}} {{Use American English|date=December 2023}}
{{Infobox person
| birth_name         = Robert Holmes Swan
| birth_date         = {{birth based on age as of date|58|2018|6|22}}<ref name=KE>{{cite web |url=https://www.syracuse.com/news/index.ssf/2018/06/new_intel_interim_ceo_robert_swan_is_a_syracuse_native_and_corcoran_grad.html |title=New Intel interim CEO Robert Swan is a Syracuse native and Corcoran grad |author=Rick Moriarty |date=June 21, 2018 |publisher=[[Syracuse.com]] |access-date=January 15, 2019}}</ref>
| birth_place        = [[Syracuse, New York]], U.S.
| education          = [[University at Buffalo]] ([[Bachelor of Arts|BA]])<br />[[Binghamton University]] ([[Master of Business Administration|MBA]])
| title              = 
| predecessor        = [[Brian Krzanich]]
| successor          = [[Pat Gelsinger]]
| spouse             = 
| children           = 2
}}
 
'''Robert''' ('''Bob''') '''Holmes Swan''' (born 1959 or 1960)<ref name=KE/> is an American business executive. He was [[Chief executive officer|CEO]] of [[Intel|Intel Corporation]] from January 2019 until February 15, 2021.<ref name="intc">{{Cite web|url=https://www.intc.com/investor-relations/investor-education-and-news/investor-news/press-release-details/2019/Intel-Names-Robert-Swan-CEO/default.aspx|title=Intel Names Robert Swan CEO|website=www.intc.com|language=en-US|access-date=2019-01-31}}</ref><ref name="Ars Technica"/> He joined Intel as [[Chief financial officer|CFO]] in October 2016 from [[General Atlantic]], after spending years as CFO at [[eBay]], [[Electronic Data Systems]], and [[TRW Inc.|TRW Inc]].<ref name="Intel">{{Cite web |url=https://newsroom.intel.com/biography/robert-h-bob-swan/ |title=Robert (Bob) H. Swan (Intel CEO) |website=Intel Newsroom |language=en-US |access-date=2020-01-05 |archive-date=2020-09-28 |archive-url=https://web.archive.org/web/20200928061321/https://newsroom.intel.com/biography/robert-h-bob-swan// |url-status=dead }}</ref> Following the resignation of [[Brian Krzanich]] as Intel CEO, he was named [[Interim management|interim]] CEO on June 21, 2018,<ref name=KE/> and appointed to full-time CEO on January 31, 2019.<ref name="intc"/> As of February 15, 2021, Swan was replaced by [[VMware]] CEO [[Pat Gelsinger]].<ref name="WSHJan132021">{{cite news |last1=Finch |first1=Asa |title=Intel Ousts Chief Executive Bob Swan |url=https://www.wsj.com/articles/intel-ceo-bob-swan-steps-down-11610548665 |access-date=13 January 2021 |publisher=[[Wall Street Journal]] |date=13 January 2021}}</ref> In July 2021, Silicon Valley venture capital firm Andreessen Horowitz announced that Swan will be joining the firm.<ref name=":0">{{Cite web|last=Oregonian/OregonLive|first=Mike Rogoway {{!}} The|date=2021-07-19|title=Intel's old CEO has a new job|url=https://www.oregonlive.com/silicon-forest/2021/07/former-intel-ceo-bob-swan-joins-silicon-valley-venture-capital-firm-andreessen-horowitz.html|access-date=2021-07-21|website=oregonlive|language=en}}</ref>

==Early life and education==
Bob Swan was born in [[Syracuse, New York]]. He graduated from [[Corcoran High School]] in 1978. He received a [[bachelor's degree]] in [[business administration]] from the [[University at Buffalo School of Management]] in 1983 and his [[MBA]] from [[Binghamton University]] in 1985.<ref name=KE/>

==Career==

===General Electric and Electronic Data Systems===
Swan worked at [[General Electric]] starting in 1985 after receiving his MBA, holding various senior finance roles during his 15-year tenure.<ref name="Intel"/> He was at [[Electronic Data Systems]] as CFO.<ref name=CNN/>  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.<ref name=BB/> From 1998 until 1999, he was vice president of finance and CFO of GE Lighting.<ref name=BB/>
 
He joined [[Webvan]] in 1999 as a vice president<ref name=ET/> of finance. From 2000 until 2001 he was the company's COO and CFO. In 2001 he became CEO<ref name=BB/> after the resignation of [[George Shaheen]]<ref name=CNN>{{cite web|url=https://money.cnn.com/2001/04/26/technology/webvan/index.htm|title=Webvan quits Atlanta, names new CEO - Apr. 26, 2001|website=money.cnn.com}}</ref> four months before the company went under.<ref name=ET>{{cite web |url=https://www.ecommercetimes.com/story/12426.html |title=Webvan CEO Lands New Job |author=Keith Regan |date=August 1, 2001 |publisher=Commerce Times |access-date=January 12, 2019}}</ref> After Webvan, he joined TRW as CFO,<ref name=ET/> serving as vice president of TRW Automotive Holdings.<ref name=WV/> He was with TRW from July 2001 until December 2002.<ref name=BB/>

In 2001, he became CFO of [[Northrop Grumman|Northrop Grumman Space & Mission Systems Corporation]].<ref name=BB/> He was also CFO of Electronic Data Systems Corporation.<ref name=BB/> From 2003 until 2006, he was CFO of [[HP Enterprise Services]].<ref name=BB/>

===eBay and General Atlantic===
Swan was appointed eBay CFO in February 2006.<ref name=WV>{{cite magazine |url=https://www.forbes.com/2006/02/22/ebay-cfo-skype-cx_po_0222autofacescan03.html#5139eb21202c |title=Whitman Appoints Veteran Swan As EBay CFO |author=Parmy Olson |date=February 22, 2006 |magazine=[[Forbes]] |access-date=January 12, 2019}}</ref> He was CFO at eBay from March 2006 until July 2015.<ref name=Z>{{cite news |url=https://www.businesstimes.com.sg/technology/intel-appoints-former-ebay-cfo-bob-swan-as-new-finance-chief |title=Intel appoints former eBay CFO Bob Swan as new finance chief |date=September 20, 2016 |newspaper=[[Business Times (Singapore)|Business Times]] }}</ref> In 2015 he "oversaw" the spinoff of [[PayPal|PayPal Holdings]].<ref name=D/>

In 2013, the ''[[Silicon Valley Business Journal]]'' named him CFO of the Year.<ref name=YR/> In 2014, he won a Lifetime Achievement Award at the Bay Area CFO of the Year Awards.<ref name=YR>{{cite web |url=https://cfoawards.org/speakers/bob-swan-winner-2014-hall-fame-lifetime-achievement-award/ |title=Bob Swan, eBay Inc. |author= |date= |publisher=Bay Area CFO of the Year Awards |access-date=January 15, 2019 |archive-url=https://web.archive.org/web/20190116050126/https://cfoawards.org/speakers/bob-swan-winner-2014-hall-fame-lifetime-achievement-award/ |archive-date=January 16, 2019 |url-status=dead }}</ref> That year, ''Institutional Investor'' named him to its America's Best CFOs list.<ref name=BO>{{cite web |url=https://www.ebayinc.com/stories/news/ebay-incs-bob-swan-honored-among-americas-best-cfos/ |title=eBay Inc.'s Bob Swan Honored Among America's Best CFOs |author= |date=March 18, 2014 |publisher=[[eBay]] |access-date=January 15, 2019}}</ref>

In 2015, he became an operating partner at the growth equity firm [[General Atlantic LLC]].<ref name=D/> He was an operating partner at General Atlantic from September 2015 until September 2016.<ref name=CO>{{cite web |url=https://www.crn.com/slide-shows/components-peripherals/300105571/5-things-to-know-about-intel-interim-ceo-robert-swan.htm/2 |title=5 Things To Know About Intel Interim CEO Robert Swan |author= |date=June 21, 2018 |publisher=CRN |access-date=January 12, 2019}}</ref>

===Intel===
In September 2016, Swan was named the new CFO of [[Intel]], replacing Stacy Smith, and joining from General Atlantic.<ref name=C>{{cite magazine |url=http://fortune.com/2016/09/19/intel-cfo-robert-swan/ |title=Intel Just Named Its Next Chief Financial Officer |date=September 19, 2016 |magazine=[[Fortune (magazine)|Fortune]] |access-date=January 11, 2019}}</ref><ref name=D>{{cite news |url=https://www.wsj.com/articles/intel-hires-bob-swan-as-finance-chief-1474327679 |title=Intel Hires Bob Swan as Finance Chief |author=Tatyana Shumsky and Don Clark |date=September 19, 2016 |newspaper=[[The Wall Street Journal]] |access-date=January 11, 2019}}</ref> He officially joined Intel on October 10, 2016, as executive vice president and first outside CFO that Intel had recruited since 1983.<ref name=D/> 
 
He was named [[Interim management|interim]] CEO on June 21, 2018<ref name=BB>{{cite web |url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=238448&privcapId=21127 |title=Intel Corp (INTC:NASDAQ)  |publisher=[[Bloomberg News|Bloomberg]] |access-date=January 15, 2019}}</ref> following the resignation of [[Brian Krzanich]].<ref name=ER/> Swan had oversight at that point for sales, manufacturing, and operations.<ref name=FG>{{cite web |url=https://www.businessinsider.com/intel-new-cfo-bob-swan-23-million-compensation-package-2016-9 |title=Intel is paying over $23 million to bring in eBay's former CFO |author=Eugene Kim |date=September 20, 2016 |website=[[Business Insider]] |access-date=January 11, 2019}}</ref> In September 2018, he addressed supply concerns with an open letter.<ref name=B>{{cite magazine |url=https://www.forbes.com/sites/marcochiappetta/2018/09/28/interim-intel-ceo-addresses-recent-supply-concerns-in-open-letter/#3cad0433da47 |title=Interim Intel CEO Addresses Recent Supply Concerns In Open Letter |author=Marco Chiappetta |date=September 28, 2018 |magazine=[[Forbes]] |access-date=January 11, 2019}}</ref> Bob Swan remained Intel's interim CEO and CFO until January 31, 2019, when he was appointed permanent CEO.<ref name=A>{{cite news |url=https://www.bizjournals.com/sanjose/news/2019/01/11/intel-interim-ceo-bob-swan-intc-cnbc-cramer.html |title=Intel's interim CEO touts 'biggest served market' in company history |author=Jennifer Elias |date=January 11, 2019 |newspaper=[[Silicon Valley Business Journal]] |access-date=January 11, 2019}}</ref> He had reportedly told employees he was not pursuing a permanent CEO position.<ref name=ER>{{cite web |url=https://www.businessinsider.com/intel-temporary-ceo-bob-swan-tells-employees-hes-not-pursing-job-report-2018-6 |title=Intel's temporary CEO has reportedly told employees he's not pursuing the job |author=Julie Bort |date=June 27, 2018 |website=[[Business Insider]] |access-date=January 11, 2019}}</ref><ref name=KI>{{cite web |url=https://www.livemint.com/Companies/tm0AVmKc1Zf9IApdDEI2uI/Intels-interim-CEO-Bob-Swan-tells-staff-he-doesnt-want-the.html |title=Intel's interim CEO Bob Swan tells staff he doesn't want the job |author=Ian King |date=June 27, 2018 |publisher=[[Livemint]] |access-date=January 11, 2019}}</ref>

In December 2018, it was reported that he was the only Intel insider buying stock since 2010.<ref name=IJ>{{cite news |url=https://www.barrons.com/articles/intel-stock-ceo-bob-swan-buys-1544046398 |title=Intel's Interim CEO Swan Is the Only Insider Buying Stock Since 2010 |author=Ed Lin |date=December 6, 2018 |newspaper=[[Barron's (newspaper)|Barron's]] |access-date=January 11, 2019}}</ref> He was also the only eBay insider to buy stock in years.<ref name=GG>{{cite news |url=https://www.barrons.com/articles/ebay-stock-intel-interim-ceo-bob-swan-buys-51546883717 |title=Intel Interim CEO Bob Swan Is Buying Up eBay Stock |author=Ed Lin |newspaper=[[Barron's (newspaper)|Barron's]] |access-date=January 11, 2019}}</ref>

On January 13, 2021, Intel announced Bob Swan would step down as CEO and be replaced by VMware CEO [[Pat Gelsinger]]. Intel stock rose over 7% after this announcement.<ref name="Ars Technica">{{Cite web|date=2021-01-13|title=After corporate blunders and setbacks, Intel ousts CEO Bob Swan|url=https://arstechnica.com/gadgets/2021/01/after-corporate-blunders-and-setbacks-intel-ousts-ceo-bob-swan/|access-date=2021-01-14|website=Ars Technica|language=en-us}}</ref>

=== Andreessen Horowitz ===
In July 2021, Swan joined the Silicon Valley venture capital firm [[Andreessen Horowitz]].<ref name=":0" />

==Organizations==
In April 2001, Swan became a director at Webvan group, and he was a director at PayPal Holdings until July 17, 2015.<ref name=BB/> In June 2011, he was a director at Radial.<ref name=BB/>

He joined eBay's board in 2015<ref name=GG/><ref name=BB/> and in 2016 he was on the boards of eBay, [[Applied Materials]], App Dynamics, and Alignment Healthcare.<ref name=D/> He was on the board of AppDynamics until October 2016 and Applied Materials until September 2016. He remains on the board of Alignment Healthcare.<ref name=BB/> He is also a director of [[Skype Global]], and has been since December 2009.<ref name=BB/>

==Personal life==
Bob Swan lives in the [[San Francisco Bay Area]], California. He is married and has two children.<ref name="Intel"/>

==See also==
{{Wikiquote}}
*[[List of chief executive officers]]
{{-}}

==References==
{{reflist}}

{{S-start}}
{{s-bus}}
{{Succession box
 | title  = [[Chief executive officer|CEO]], [[Intel]]
 | years  = 2019–2021<br /><small>(2018–2019, [[Interim management|interim]])</small>
 | before = [[Brian Krzanich]]
 | after  = [[Pat Gelsinger]]
}}
{{S-end}}

{{DEFAULTSORT:Swan, Bob}}
[[Category:Intel people]]
[[Category:Living people]]
[[Category:20th-century American businesspeople]]
[[Category:21st-century American businesspeople]]
[[Category:American chief executives of manufacturing companies]]
[[Category:American chief operating officers]]
[[Category:Year of birth uncertain]]
[[Category:University at Buffalo alumni]]
[[Category:Year of birth missing (living people)]]