CURRENT AFFAIRS

Detailed explanation-1: -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 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.

Detailed explanation-2: -Patrick (Pat) Gelsinger is chief executive officer of Intel Corporation and serves on its board of directors. He has more than four decades of technology leadership and experience driving innovation, with 30 of those years serving in Intel engineering and executive roles.

Detailed explanation-3: -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 diversifying Intel’s product offerings and workforce.

Detailed explanation-4: -Bob Swan was CEO of Intel from January 2019 to February 2021. Under his leadership, Intel made significant progress on its strategy to transform into a multi-architecture XPU company to capitalize on market shifts and extend its reach into fast-growing markets.

Detailed explanation-5: -Patrick Gelsinger Patrick (Pat) Gelsinger is Chief Executive Officer of Intel Corporation and serves on its board of directors. On Feb. 15, 2021, Mr. Gelsinger returned to Intel, the company where he had spent the first 30 years of his career.