New Delhi, Jan. 14 -- Intel has announced that it has appointed Pat Gelsinger as its new CEO. His appointment will be effective February 15, 2021. Gelsinger will also join the Intel BoD upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb 15.

Although Gelsinger was most recently, since 2012, the CEO of VMware since 2012, he has been a part of Intel for over 30 years. His work experience includes transforming VMware's infrastructure, enterprise mobility and cybersecurity. He almost tripled the company's annual revenues in 8 years. Before VMware, he was the president and COO of EMC Information Infrastructure Products. There, he oversaw engineering and operations for information storage, data computing, backup and...