Intel CEO Krzanich Resigns After Relationship With Employee

by Hilbert Hagedoorn on: 06/21/2018 04:16 PM | source: | 31 comment(s)

So yes, you'd think he would have stepped down after the Intel mess with all Vulnerabilities. Then again, it's kind of a vulnerability for the company. CEO Krzanich steps down as chief executive officer after the chipmaker learned he had previously had a "consensual relationship with an employee". Which is a violation of company policy.

The relationship came to light after an investigation within the company. According to Intel's policy, managers are not allowed to enter into a relationship with employees. Brian Krzanich also steps down as chairman of the board at the company. His CEO position is taken over by Robert Swan for the time being, the financial director of Intel. Meanwhile, the company is looking for a new director. Krzanich has been CEO of Intel since 2013.

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Dragondale13
Senior Member

Posts: 1412
Joined: 2012-10-04

#5559310 Posted on: 06/21/2018 03:56 PM

"Policyshmolicy"...nothing stands in the way of true love...

or just great sex!

:p:p:p

D3M1G0D
Senior Member

Posts: 1671
Joined: 2017-03-10

#5559312 Posted on: 06/21/2018 04:02 PM

Saw this on reddit earlier today. So ends one of the strangest eras in Intel's history, LOL.

BigMaMaInHouse
Senior Member

Posts: 137
Joined: 2016-10-11

#5559315 Posted on: 06/21/2018 04:10 PM

Let's just say that another Intel's vulnerability got exploited...

D3M1G0D
Senior Member

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#5559319 Posted on: 06/21/2018 04:30 PM

I think Krzanich may have misunderstood the term "Intel Inside"

airbud7
Senior Member

Posts: 6874
Joined: 2011-07-20

#5559325 Posted on: 06/21/2018 04:46 PM

how can you blame him?

fantaskarsef
Senior Member

Posts: 10336
Joined: 2014-07-21

#5559337 Posted on: 06/21/2018 05:14 PM

how can you blame him?

Where can I apply?

Well, a policy against consensual relationships. Sounds like it remains true, "don't F the office".

schmidtbag
Senior Member

Posts: 4001
Joined: 2012-11-10

#5559347 Posted on: 06/21/2018 05:33 PM

I'm pretty sure Krzanich is actually leaving because he realizes his empire is losing power and he doesn't want to be the one known for this (before you jump to any conclusions, I don't think Intel is going to crumble - they will remain exponentially more wealthy than AMD for the foreseeable future). Him selling so much of his stocks a year ago was also conveniently timed, but, I think he learned how doing that had a negative consequence. He was CEO during Intel's rise and for the most part didn't really push for anything all that innovative. Now, that lack of activity is threatening Intel's position, so he's bailing while he's ahead. Using an in-office consensual relationship is a pretty easy and non-offensive way for him to deliberately force himself out of his position. If he resigned, that'd scare shareholders (and in turn affect his shares). If he did sexual assault, that'd hurt his reputation and may cause legal issues (and again, that's something he obviously cares about). His approach seems super convenient to me.

Embra
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#5559357 Posted on: 06/21/2018 06:01 PM

He lead them through high profitability with little small incremental changes every year. They made a lot of $$. Now with good competition all the sudden this does not work anymore. "caught with his pants down"

ruthan
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#5559359 Posted on: 06/21/2018 06:07 PM

BigMaMaInHouse
Senior Member

Posts: 137
Joined: 2016-10-11

#5559363 Posted on: 06/21/2018 06:12 PM

When you are on the Top with 99% of the market share- the only way is down.
As I see it the main improvement was on the manufacturing side, shrinking the Die 65->45->32->22->14 let them increase the clock speed + 2%~3% on the IPC gave them the ~5% performance improvement on each Tick-Tock strategy and gave them the increase Core count with reasonable yields for the premium prices on the server side and until ZEN they could ask crazy prices for their XEONS(10K+) and without AMD's Zen they were going to continue this strategy with 10nm with higher clock speed in same TDP="new products".

But now they see 32 core EPYC with almost same IPC, better thermals/TDP, and the ZEN2 7nm EPYC with 48~64 core coming in a few month while they only got 2.5GHz 28 core XEON...

P.S- is there any info if there is major company's like Amazon/Facebook/Google/ etc that they are before planned server upgrade??

schmidtbag
Senior Member

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Joined: 2012-11-10

#5559368 Posted on: 06/21/2018 06:36 PM

He lead them through high profitability with little small incremental changes every year. They made a lot of $$.

No, he didn't lead them into anything. He became CEO shortly after AMD created Bulldozer, which was also around the same time Sandy Bridge was released. So, basically it was a time Intel didn't have to do anything and they'd still have a better product. As far as I'm concerned, Krzanich doesn't deserve any of the credit for Intel's success in the past several years, but, he does deserve the credit for making them fall behind.

Stormyandcold
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Posts: 5152
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#5559373 Posted on: 06/21/2018 06:50 PM

I think Krzanich may have misunderstood the term "Intel Inside"

It's ok if he "puts a ring on it", but, that'd probably confuse him as well.

StewieTech
Chuck Norris

Posts: 2538
Joined: 2012-02-06

#5559390 Posted on: 06/21/2018 07:51 PM

Awww. intel dude went on some good old in out in out. Well, maybe he was in love, who knows.

H83
Senior Member

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Joined: 2009-09-08

#5559401 Posted on: 06/21/2018 08:24 PM

I think the Intel shareholders are worried about the competition closing in from all sides and realized that Krazanich is not the right man to turn thing around. So they just give him the boot with a lame excuse and now are going to bring someone who means business...

Embra
Senior Member

Posts: 834
Joined: 2014-11-19

#5559412 Posted on: 06/21/2018 08:42 PM

Your too picky in the use of words Scmidtbag. I was not give him any credit. I stated "lead" not "create" or "Instrumental". But, you were more clear in your response than I.

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