On: Intel CEO Bob Swan to step down, VMware CEO Pat Gelsinger to replace him

[hodgesrm]

He recovered from the mistake. The drop in VMW share price on news that he's leaving shows what the market thinks of his affect on VMW value.

[hntrader → hodgesrm]

CEO departures almost always cause a drop in the share price, usually not because the CEO is considered great but investors perceive it to signal private information about the state of the company