Wednesday, January 13, 2021

VMware loses CEO Gelsinger to Intel

Intel said it will bring on current VMware leader Pat Gelsinger as its new chief executive officer, effective Feb. 15, 2021.  The 40-year technology industry vet replaces Intel’s Bob Swan, who will remain CEO until that date.

For VMware, the company said it was initiating a global executive search process to name a permanent chief and that Zane Rowe, current VMware CFO will become interim CEO.

“Pat led the company in expanding our core virtualization footprint and broadening our capabilities to cloud, networking, 5G/edge and security, while almost tripling revenue to nearly $12 billion,” Rowe said in a statement. “VMware remains focused on helping customers optimize their digital infrastructure—from app modernization and multi-cloud to networking, security and digital workspaces. We look forward to continued growth and innovation across our technology offerings.”

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Thanks to Michael Cooney (see source)

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