Intel changes CFO

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POSTER: computer news   ||   INTEL CHANGES CFO	DATE:2016-09-20
Intel Company has not yet approached the declaration of third quarter results   , but improved the forecast revenue for the period, citing a slight increase in demand for PCs.  This did not prevent the Corporation to announce this week the appointment of a new CFO -  Robert Swan , which from March 2006 to July 2015 worked in a similar position in eBay, and then moved to the investment firm General Atlantic.  Now Robert 56 years old,  began his career at General Electric. Robert Swan will report directly to the CEO Brian Krzhanichu, and will be responsible not only for the financial affairs of the company, but also for corporate strategy.  His predecessor, Stacy Smith, in accordance with the prearranged plan, retains the post of vice-president, but will now be in charge of operations, production and sales.  Apparently, Smith's experience will be useful in the Intel transition period, when the company is trying to find support while reducing demand in those market segments where it has been traditionally strong. New CFO Intel will receive a lump sum payment in the amount of $ 5.5 million and an annual salary of $ 850 000. Apparently, upon taking office on the tenth of October, Swan will comment on the results of the third quarter -. A report on this subject he will perform October 18 .  Smith worked at the post of financial director for nine years, and it is impossible to say how such rearrangements affect Intel's strategy, as former CFO remains among the leaders involved in the decision-making.   Related Products :

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