But Intel’s board may still be hoping to close a deal with a candidate within the next 30 days – or thereabouts. Intel’s job search has already gone on for seven months – ever since Krzanich was ousted for a relationship with an employee – and if it doesn’t find someone soon, analysts and investors are going to really start ramping up the pressure on the board to make up its mind before it impacts the company long-term.
During its Q4 earnings call, current interim CEO, Bob Swan, jumped right on the question of Intel’s next leader before anyone could prod further into the matter. “The board continues to evaluate candidates for what I believe is the biggest and best open job on the planet”, Swan says during the call (via Seeking Alpha). “They are proceeding with a sense of urgency while also ensuring that they make the right choice for this great company.”