While accepting the Industry leadership award from his undergraduate alma mater in 2017, Bob Swan quoted,’The expectation drilled into me early in my career at General Electric(GE) was that the role of finance is not about counting the beans — it’s about helping the beans grow’.
These few lines Bob said at his speech are a perfect way to sum his career. A man of multiple talents with a mind for business, Bob has been adding pieces to his career one at a time. Over the years, Bob has been a loyal servant to the world of Finance which in turn brought him to new heights. In this article, we take a closer look at the wiki-bio of Bob Swan.
Robert (Bob) Holmes Swan was born on the 9th of May 1960 in Syracuse, New York. Growing up, Bob attended the Corcoran High School and graduated in 1978. He continued his higher education and enrolled at the University of Buffalo. He graduated in 1983 with a bachelor’s degree in Business Administration. Bob sought to get his Master’s degree immediately and enrolled at Binghamton University. He graduated with an MBA degree in 1985.
Wrapping up his education in 1985, Bob began working at General Electric. During his 15-year stay at the company, Bob worked in numerous senior roles including CFO of GE Transportation Systems (1988-1994), Finance for GE Medical Systems (1997-1998), and vice president of finance and CFO of GE Lighting (1998-1999).
Bob left GE in 1999 and joined Webvan as the vice-president of finance. In 2000, Bob was named the company’s COO and CFO. He served in the position until 2001 before being promoted to CEO. Four months into the post and the company went under, leaving Bob no choice but to join TRW as CFO. He remained with TRW from July 2001 to December 2002. During the same time, Bob was named as the CFO of Northrop Grumman Space & Mission Systems Corporation. In 2003, Bob moved onto HP Enterprise Services, where he served the role of CFO from 2003 to 2006.
In February of 2006, Bob was appointed as the CFO of eBay. He served the office from March 2006 until July 2015. He joined General Atlantic LLC as an operating partner in September of 2015 and worked there exactly for a year. In September of 2016, Bob was unveiled as the new CFO of Intel. He officially assumed office from the 10th of October 2016 and was the first outside CFO Intel had recruited since 1983.
The final climb in his career on the 21st of June, 2018, when Bob was promoted as the interim CEO. He served as the interim CEO until January 31, 2019, after which he was named as the permanent CEO of Intel.
In a career that has spanned for over two decades, Bob has been recognized with several awards and honors. He was named as the CFO of the year in 2013 by Silicon Valley Business Journal. In 2015, Bob won a Lifetime Achievement Award at the Bay Area CFO of the Year Awards and was also named as one of America’s Best CFOs by Institutional Investor.
Personal Relationships and Net Worth:
There are very little details on Bob’s life as a married man. While we do know that he is married and has two children, there are no details on his wife or children. The family of four lives in the San Francisco Bay Area, California. As of 2020, Bob has a net worth of USD 64.1 million.