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Intel hires ex-Ebay CFO Bob Swan as finance chief

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Ronald Mitchell
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Former CFO of Ebay is appointed as CFO of Intel.

Intel has appointed Robert Bob Swan as executive vice president and chief financial officer CFO .

The new position will take effect from early October 2016.

Swan, former finance chief at Ebay, from March 2006 to July 2015, will be overseeing Intel s finance, internal technology and strategy offices whilst reporting to Intel CEO Brian Krzanich.

Having joined Intel from growth equity firm General Atlantic, Swan replaces Stacy Smith, who is to take a broader role within Intel leading manufacturing, sales and operations after serving nine years as Intel s CFO.

According to a company filing, Swan is to receive a hiring bonus of $5.5 million and a starting salary of $850,000.

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