5 Things To Know About Intel Interim CEO Robert Swan

CFO Taking Over After Krzanich Resignation

Intel sent shockwaves in the tech industry Thursday when the company announced the resignation of CEO Brian Krzanich following the disclosure of a prior consensual relationship he had with an employee.

Taking Krzanich's place as interim CEO is Robert Swan, the company's chief financial officer who had joined in October 2016. While Swan will lead the company's daily operations, the firm has begun a search for its next permanent chief executive, which will draw from internal and external candidates.

Krzanich was a longtime employee at Intel, having first joined as an engineer in 1982. He became chief operating officer in January 2012 and was then named Intel's sixth CEO in May 2013, succeeding Paul Otellini, who had served in the role since 2005 and died last fall.

In the following slides, we highlight five things you should know about Swan's career.

Swan Had A Stint As A Startup Investor

Before Swan joined Intel, he served as an operating partner at General Atlantic, a New York-based growth equity firm that has invested in major tech companies like Uber, Snap and Airbnb.

Swan was there from September 2015 to September 2016. During his tenure, he helped lead General Atlantic's investment in a $158 million growth round for AppDynamics, an application intelligence company that was acquired by Cisco last year. Swan had served on AppDynamics' board.

Based out of General Atlantic's Palo Alto office, Swan was part of the firm's Resources Group, which is charged with providing support and helping develop finance functions for its portfolio companies, as well as helping the firm's investment team in the internet and technology sectors.

Swan Was eBay's CFO And Remains On The Board

Swan was eBay Inc.'s senior vice president of finance and chief financial officer for nine years.

Serving from March 2006 to July 2015, Swan left the company along with other eBay executives, including CEO John Donahoe, as eBay spun off PayPal as a standalone company. Swan received a $12 million compensation package when he left.

Swan became a director of eBay's board in July 2015 and remains on the board.

Swan Got His Start At General Electric

Swan spent the first 14 years of his career at General Electric, which he joined in 1985.

After spending a few years as an auditor, Swan served as chief financial officer for three GE businesses: GE Transportation Systems, GE Medical Systems and GE Lighting.

Swan Led A Startup That Failed During The Dot-Com Bubble

After leaving General Electric in 1999, Swan joined online grocery startup Webvan, which CNET has called one of the largest dot-com flops in history.

Swan, who had joined in 1999 as vice president and also served as chief operating officer, was appointed CEO in April 2001 after his successor resigned. The company, which went public in 1999 after raising hundreds of millions of dollars from investors, filed for bankruptcy and shut down in 2001.

Not long after Webvan shut down, Swan went on to become chief financial officer of TRW Inc., a global supplier of automotive systems that was acquired in 2015. "In his two years at Webvan, he gained valuable experience with a start-up business and dealing with the external financial community," former TRW CEO David M. Cote was quoted as saying at the time.

Swan Has Experience Leading An IT Outsourcing Firm

When Swan finished his time at TRW, he became chief financial officer of Electronic Data Systems, an IT outsourcing firm that was founded in 1962 by former presidential candidate Ross Perot.

Swan worked at EDS from 2003 to 2006, when he joined eBay. As reported by NetworkWorld, Swan was part of a new management team that helped EDS out of a rough spot in its history.

EDS was acquired by Hewlett-Packard Co. in 2008 and was later spun off in 2017, under the name HP Enterprise Services, and merged with Computer Sciences Corp. to form DXC Technology.