• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Intel CEO Brian Krzanich Resigns - For Having Sex With Colleague

W1zzard

Administrator
Staff member
Joined
May 14, 2004
Messages
17,855 (3.45/day)
Likes
19,422
Processor Core i7-4790K
Memory 16 GB
Video Card(s) GTX 1080
Display(s) 30" 2560x1600 + 19" 1280x1024
Software Windows 7
#1
Intel Corporation today announced the resignation of Brian Krzanich as CEO and a member of the board of directors. The board has named Chief Financial Officer Robert Swan interim chief executive officer, effective immediately.

Intel was recently informed that Mr. Krzanich had a past consensual relationship with an Intel employee. An ongoing investigation by internal and external counsel has confirmed a violation of Intel's non-fraternization policy, which applies to all managers. Given the expectation that all employees will respect Intel's values and adhere to the company's code of conduct, the board has accepted Mr. Krzanich's resignation.





"The board believes strongly in Intel's strategy and we are confident in Bob Swan's ability to lead the company as we conduct a robust search for our next CEO. Bob has been instrumental to the development and execution of Intel's strategy, and we know the company will continue to smoothly execute. We appreciate Brian's many contributions to Intel," said Intel Chairman Andy Bryant.

Intel expects to deliver a record second quarter, with revenues of approximately $16.9 billion and non-GAAP EPS of approximately $0.99. With accelerating data-centric revenue, the company is off to an excellent start in the first half of the year and expects 2018 to be another record year. Intel will provide full second-quarter results and an updated outlook for the full year on the second-quarter earnings call on July 26.

As interim CEO, Swan will manage operations in close collaboration with Intel's senior leadership team. Swan has been Intel's CFO since October 2016 and leads the global finance, IT and corporate strategy organizations. He previously spent nine years as CFO of eBay Inc. Earlier, he was CFO of Electronic Data Systems Corp. and TRW Inc. He has also served as CEO of Webvan Group Inc.

Swan added, "Intel's transformation to a data-centric company is well under way and our team is producing great products, excellent growth and outstanding financial results. I look forward to Intel continuing to win in the marketplace."

The board has a robust succession planning process in place and has begun a search for a permanent CEO, including both internal and external candidates. The board will retain a leading executive search firm to assist in the process.
 

Raevenlord

News Editor
Staff member
Joined
Aug 12, 2016
Messages
1,887 (2.67/day)
Likes
1,536
Location
Portugal
System Name The Ryzening
Processor Ryzen 7 1700 @ 3.7 GHz
Motherboard MSI X370 Gaming Pro Carbon
Cooling Arctic Cooling Liquid Freezer 120
Memory 16 GB G.Skill Trident Z F4-3200 (2x 8 GB)
Video Card(s) TPU's Awesome MSI GTX 1070 Gaming X
Storage Boot: Crucial MX100 128GB; Gaming: Crucial MX 300 525GB; Storage: Samsung 1TB HDD, Toshiba 2TB HDD
Display(s) LG 29UM68P (21:9 2560x1080 FreeSync Ultrawide)
Case NOX Hummer MC Black
Audio Device(s) ASUS Xonar DX
Power Supply Seasonic M12II Evo 620W 80+
Mouse Cooler Master Masterkeys Lite L
Keyboard Cooler Master Masterkeys Lite L
Software Windows 10 x64
#2
Holy...

Hmmm. Great idea to go out in a way that (unfortunately) attracts more attention (and detracts attention from) security holes and potentially incriminating share sales with some insider trading thrown in the mix.
 
Joined
Apr 12, 2013
Messages
1,193 (0.62/day)
Likes
515
#3
I thought the board would've booted him out a while back, for underperforming ;)

But I guess this is what it takes, except for a certain someone who's always in the news for all the wrong reasons :shadedshu:
 
Joined
Aug 13, 2010
Messages
3,697 (1.28/day)
Likes
2,050
System Name kom pu tor
Processor Core i9 7900X
Motherboard Asus X299-A
Cooling Antec K240 WC
Memory HyperX Predator RGB 2933Mhz 32GB
Video Card(s) Palit GTX 1080 Jetstream
Storage Intel 900p 280GB boot, 760p 512GB data
Case Corsair Air 540
Power Supply Antec Egde 750W
Mouse Cougar Revenger S
Keyboard Cougar 600K
#4
Dat title, cmon bro, w1zz... While technically might be correct, forms a very negative connotation about the situation.
Having romantic relationships of any kind are a violation in the company. It doesn't have to be sexual
 
Joined
Apr 16, 2010
Messages
3,138 (1.04/day)
Likes
1,123
Location
Portugal
System Name _JP_'s Daily Driver
Processor AMD Ryzen 7 1700
Motherboard MSI X370 Gaming Plus
Cooling Noctua NH-C12P SE14 + NM-AM4 + NF-P14r
Memory 2x 8GB G.Skill Trident Z (F4-3200C16D-16GTZB)(Hynix)
Video Card(s) MSI AMD Radeon R9 280X Gaming
Storage HyperX Savage 240GB + KC300 240GB + 750EVO 500GB
Display(s) LG Flatron W2361V 23'' FHD
Case NOX Blaze
Audio Device(s) ASUS Xonar DX
Power Supply Corsair TX650M
Mouse Microsoft Comfort Mouse 4500
Keyboard Logitech Media Keyboard (PS/2)
Software Windows 10 x86-64 (1703)
#5
Seriously?
Of all the things...
Having romantic relationships of any kind are a violation in the company. It doesn't have to be sexually
Isn't it until 3rd base is reached that usually a "relationship" is assumed as fact nowadays? :laugh:
 
Joined
Aug 13, 2010
Messages
3,697 (1.28/day)
Likes
2,050
System Name kom pu tor
Processor Core i9 7900X
Motherboard Asus X299-A
Cooling Antec K240 WC
Memory HyperX Predator RGB 2933Mhz 32GB
Video Card(s) Palit GTX 1080 Jetstream
Storage Intel 900p 280GB boot, 760p 512GB data
Case Corsair Air 540
Power Supply Antec Egde 750W
Mouse Cougar Revenger S
Keyboard Cougar 600K
#6
Seriously?
Of all the things...

Isn't it until 3rd base is reached that usually a "relationship" is assumed as fact nowadays? :laugh:
In all seriousness - it could be just dating and flirting. That falls right there in violation.
W1zz chose tabloid-grade title for this one. A little bit savage.
 
Joined
Jun 15, 2015
Messages
54 (0.05/day)
Likes
27
Location
Killeen/Ft. Hood, TX
System Name EMERALD_WEAPON (no, it's not emerald colored; it's more symbolic)
Processor Intel Core i7-5960X; 4.6GHz @ 1.26Vcore; 4GHz Uncore/Cache @ 1.1V; with EK Supremacy Acetal+Nickel
Motherboard ASRock X99 OC Formula/3.1
Cooling Rigid PETG, Primochill Ghost, HW Labs Nemesis GTS (560 + 480 + 280), 2x EK-D5 Vario XRES 250
Memory 8x8GiB = 64GiB G.SKILL PC4-25600 (DDR4 3200MHz) @ PC4-24000 (3000MHz) 14-14-14-31-2T
Video Card(s) 2x Nvidia Titan Xp with EK Titan X (Pascal) Waterblocks + Backplates (yeah, I know, overkill)
Storage Samsung 960 PRO 1TB, 2x 850 EVO 1TB, 2x 850 PRO 256GB, 470 128GB (470 is still going since 2010)
Display(s) LG 38UC99-W (3840x1600@60Hz, main), Samsung U28E590D (3840x2160@60Hz, when I feel like it)
Case CaseLabs SMA8, interior custom paint (Valspar Premium Finish Satin Black), exterior default black
Audio Device(s) Astell & Kern AK120 II with Sony MDR-Z7 or Creative Sound Blaster X G5 + Creative Labs Gigaworks T40
Power Supply EVGA SuperNOVA T2 1600W with EVGA sleeved cables
Mouse Logitech G900 Chaos Spectrum
Keyboard Corsair Vengeance K70, Cherry MX Red keys, red LED only version
Software Windows 10 Pro x64, Maplesoft Maple 18, Wolfram Mathematica 10, and a bunch of other software
#8
Relationship? Yes.

Sex with a fellow employee? I don't see that anywhere in the story.

Have to agree with dj here. The headlines are there for the clickies.
 
Joined
Jan 8, 2017
Messages
2,617 (4.69/day)
Likes
1,810
System Name Good enough
Processor AMD FX-6300 - 4.5 Ghz
Motherboard ASRock 970M Pro3
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - 4x4GB A-DATA 1866 Mhz (OC)
Video Card(s) ASUS GTX 1060 Turbo 6GB ~ 2139 Mhz / 9.4 Gbps
Storage 1x Samsung 850 EVO 250GB , 1x 1 Tb Seagate something or other
Display(s) 1080p TV
Case Zalman R1
Power Supply 500W
#10
With each time that I hear any piece of news about Intel it gets more and more ridiculous.
 
Joined
Sep 23, 2008
Messages
228 (0.06/day)
Likes
50
Location
Richmond,VA
Processor FX8350 @ 4.6ghz
Motherboard MSI 990FX-GD80 v2
Cooling Hyper 212 evo
Memory 16gb G.Skill 1866 8-9-9-24
Video Card(s) Sapphire Radeon 7950
Storage Samsung 512GB 850 Pro SSD ; 3 x 1TB Seagate Drives Standalone
Display(s) Twin Dell E2215H
Case Rosewill Blackhawk Ultra
Power Supply Seasonic 850X Full Modular
Software Windows 10 Pro 64bit
#11
Dat title, cmon bro, w1zz... While technically might be correct, forms a very negative connotation about the situation.
Having romantic relationships of any kind are a violation in the company. It doesn't have to be sexual

Not every Company. You'd be surprised how many marriages and families start out in the workplace. You spend 40+ hours a week with someone, sooner or later an attraction will develop. As someone else said, you can't stop human nature with a company policy.
 
Joined
Apr 10, 2013
Messages
215 (0.11/day)
Likes
106
Location
Michigan, USA
Processor AMD 1700X
Motherboard Crosshair VI Hero
Memory F4-3200C14D-16GFX
Video Card(s) GTX 1070
Storage 960 Pro
Display(s) PG279Q
Case HAF X
Power Supply Silencer MK III 850
Mouse Logitech G700s
Keyboard Logitech G105
Software Windows 10
#12
Another example of society correcting by over-correcting. The behavior police are basically over-correcting to leaving almost no way to meet people. If work, that is power abuse (because the underling must be naive and weak). Bars... nope that means alcohol might be involved and thus no consent. Online? No, that might mean misrepresentation and corporate involvement. The park? No way you creep don't wander the park trying to determine what mate is married or caring for a child. I attached the old fashioned way. Sized up my college roommate's girlfriend, subtly advertised how more advanced I was, waited, wasted his time frolfing and playing video games so he wouldn't study and flunked out of school. Bingo... kicked his butt out and his ex-girlfiend in. Happily married 15 years. All ethical and on the up and up.
 
Joined
Aug 13, 2010
Messages
3,697 (1.28/day)
Likes
2,050
System Name kom pu tor
Processor Core i9 7900X
Motherboard Asus X299-A
Cooling Antec K240 WC
Memory HyperX Predator RGB 2933Mhz 32GB
Video Card(s) Palit GTX 1080 Jetstream
Storage Intel 900p 280GB boot, 760p 512GB data
Case Corsair Air 540
Power Supply Antec Egde 750W
Mouse Cougar Revenger S
Keyboard Cougar 600K
#13
Not every Company. You'd be surprised how many marriages and families start out in the workplace. You spend 40+ hours a week with someone, sooner or later an attraction will develop. As someone else said, you can't stop human nature with a company policy.
My comment was not about having or not having sex with a co-worker. Its about having the minimum press decency to have a fair title to this kind of news. The information in the title is not provided in the PR what-so-ever. Yet, it was mentioned. This is not fair journalism, no matter how much the editor loves or hates intel's products or market behavior
 
Joined
Aug 2, 2011
Messages
1,050 (0.41/day)
Likes
511
Processor Core i7 7820X @ 4.8GHz
Motherboard Asrock Taichi XE
Cooling Custom loop
Memory 4x8GB Corsair Vengence LED @3000MHz
Video Card(s) Gigabyte Aorus GTX 1080 Ti @ +25core +400mem
Storage 960 EVO 1TB, Micron 1100 2TB SSD, OCZ Vector 512GB, 750GB Samsung, 1.5TB Caviar Green
Display(s) Acer XB270HU, Qnix QX2710
Case Corsair Carbide 500R White
Audio Device(s) ASUS Xonar DX, Corsair Void Pro RGB
Power Supply EVGA P2 850W
Mouse Logitech G502 Proteus Spectrum
Keyboard Razer Black Widow Ultimate 2016 Edition
Software Win 10 x64
#14
No real overcorrection here @ssdpro . He was forced to resign because he violated a company policy (managers are not allowed to fraternize [have relationships] with anyone that is subordinate to them). It was noted that the relationship was consensual, so nothing morally wrong happened here.
 

W1zzard

Administrator
Staff member
Joined
May 14, 2004
Messages
17,855 (3.45/day)
Likes
19,422
Processor Core i7-4790K
Memory 16 GB
Video Card(s) GTX 1080
Display(s) 30" 2560x1600 + 19" 1280x1024
Software Windows 7
#15
In all seriousness - it could be just dating and flirting. That falls right there in violation.
W1zz chose tabloid-grade title for this one. A little bit savage.
If you were a CEO with a multi-million dollar salary, I'm sure you would restrict yourself to dating and flirting :D
 
Joined
Mar 16, 2017
Messages
83 (0.17/day)
Likes
36
Location
Tanagra
#16
I agree with others that say the headline is a bit extreme—at the least it’s off target, but I guess that’s a sign of the times. We don’t know the details of the relationship—all we know is that the relationship was a violation of the company policy. Being the CEO, it would probably be a significant conflict of interest to have a romantic relationship with any employee. I know I wouldn’t want to be the direct supervisor of the CEOs girlfriend, no matter how much assurance there was that there would be no retaliation for possible disciplinary action for that employee.
 

dorsetknob

"YOUR RMA REQUEST IS CON-REFUSED"
Joined
Mar 17, 2005
Messages
7,231 (1.48/day)
Likes
9,167
Location
Dorset where else eh? >>> Thats ENGLAND<<<
#17
The information in the title is not provided in the PR what-so-ever. Yet, it was mentioned. This is not fair journalism.
Its Fox News/ the Sun News Style and since when has Jounalism been Fair

Intel was recently informed that Mr. Krzanich had a past consensual relationship with an Intel employee.
Kind of Implies something and gutter press will always go with Sex
 
Joined
Mar 18, 2008
Messages
3,325 (0.88/day)
Likes
2,334
System Name Virtual Reality / Bioinformatics
Processor Undead CPU
Motherboard Undead TUF X99
Cooling Noctua NH-D15
Memory GSkill 128GB DDR4-3000
Video Card(s) Sapphire R9 Fury X
Storage Samsung 960 Pro 1TB, Crucial MX200 500GB
Display(s) Acer K272HUL, HTC Vive
Case Fractal Design R5
Power Supply Seasonic 850watt
Mouse Logitech Master MX
Keyboard Corsair K70 Cherry MX Blue
Software Windows 10 Professional/Linux Mint
#18
Talking about going out with a bang! No pun intended.
 
Joined
Aug 13, 2010
Messages
3,697 (1.28/day)
Likes
2,050
System Name kom pu tor
Processor Core i9 7900X
Motherboard Asus X299-A
Cooling Antec K240 WC
Memory HyperX Predator RGB 2933Mhz 32GB
Video Card(s) Palit GTX 1080 Jetstream
Storage Intel 900p 280GB boot, 760p 512GB data
Case Corsair Air 540
Power Supply Antec Egde 750W
Mouse Cougar Revenger S
Keyboard Cougar 600K
#19
If you were a CEO with a multi-million dollar salary, I'm sure you would restrict yourself to dating and flirting :D
Absolutely not. No doubt. I would just not wanna be remembered as the guy who got fired by screwing a worker. I rather tell the press the real reason of leading one PR disaster after another.
 
Last edited:
Joined
Apr 10, 2013
Messages
215 (0.11/day)
Likes
106
Location
Michigan, USA
Processor AMD 1700X
Motherboard Crosshair VI Hero
Memory F4-3200C14D-16GFX
Video Card(s) GTX 1070
Storage 960 Pro
Display(s) PG279Q
Case HAF X
Power Supply Silencer MK III 850
Mouse Logitech G700s
Keyboard Logitech G105
Software Windows 10
#20
No real overcorrection here @ssdpro . He was forced to resign because he violated a company policy (managers are not allowed to fraternize [have relationships] with anyone that is subordinate to them). It was noted that the relationship was consensual, so nothing morally wrong happened here.
That's the whole point. The policy is an overcorrection. The relationship was consensual and nothing was morally wrong. Policies like that are a lazy one size fits all overcorrection. It assumes all relationships are a problem and all relationships are nefarious in nature and all relationships are detrimental to the company.
 
Joined
Aug 10, 2007
Messages
4,139 (1.04/day)
Likes
1,204
Location
Geneva, FL, USA
Processor Intel i5-6600
Motherboard ASRock H170M-ITX
Cooling Cooler Master Geminii S524
Memory G.Skill DDR4-2133 16GB (8GB x 2)
Video Card(s) Gigabyte R9-380X 4GB
Storage Samsung 950 EVO 250GB (mSATA)
Display(s) LG 29UM69G-B 2560x1080 IPS
Case Lian Li PC-Q25
Audio Device(s) Realtek ALC892
Power Supply Seasonic SS-460FL2
Mouse Logitech G700s
Keyboard Logitech G110
Software Windows 10 Pro
#21
To be CEO is to be non-human. This is why we hire them at the salaries they draw. The board should not have to suffer such fools!

My building is 80% woman and some how my dick stays in my pants.
 
Joined
Aug 13, 2009
Messages
2,063 (0.63/day)
Likes
719
Location
Czech republic
Processor Core i7 3770K
Motherboard Gigabyte Z77X-UD3H
Memory 16GB
Video Card(s) Sapphire Radeon Rx 580 Nitro+ 8GB
Display(s) Dell U2415
Audio Device(s) Creative Sound Blaster ZxR
Power Supply Seasonic 550W
Software Windows 7 x64
#22
What the F?
Seriously?
What kind of idiotic nonsense is this?
 
Joined
Jun 3, 2007
Messages
22,599 (5.56/day)
Likes
9,133
Location
'Merica. The Great SOUTH!
System Name TheMailbox 5.0 / The Mailbox 4.5
Processor RYZEN 1700X / Intel i7 2600k @ 4.2GHz
Motherboard Fatal1ty X370 Gaming K4 / Gigabyte Z77X-UP5 TH Intel LGA 1155
Cooling MasterLiquid PRO 280 / Scythe Katana 4
Memory ADATA RGB 16GB DDR4 2666 16-16-16-39 / G.SKILL Sniper Series 16GB DDR3 1866: 9-9-9-24
Video Card(s) MSI 1080 "Duke" with 8Gb of RAM. Boost Clock 1847 MHz / ASUS 780ti
Storage 256Gb M4 SSD / 128Gb Agelity 4 SSD , 500Gb WD (7200)
Display(s) LG 29" Class 21:9 UltraWide® IPS LED Monitor 2560 x 1080 / Dell 27"
Case Cooler Master MASTERBOX 5t / Cooler Master 922 HAF
Audio Device(s) Realtek ALC1220 Audio Codec / SupremeFX X-Fi with Bose Companion 2 speakers.
Power Supply Seasonic FOCUS Plus Series SSR-750PX 750W Platinum / SeaSonic X Series X650 Gold
Mouse SteelSeries Sensei (RAW) / Logitech G5
Keyboard Razer BlackWidow / Logitech (Unknown)
Software Windows 10 Pro (64-bit)
Benchmark Scores Benching is for bitches.
#23
If you were a CEO with a multi-million dollar salary, I'm sure you would restrict yourself to dating and flirting :D
Dude that guy was pounding it like a flank steak. Title of thread 100% fact. You don't get fired for flirting. You get fired for a board member seeing you getting the gorilla grip from your secretary.

On a side note this guy looks like he was flatting out some chick that looks like Toni Basil. Outfit and all and BAM! CFO walks in and is all like "WTF BRIAN! THATS WHERE I MAKE MY COFFEE!"
 
Joined
Oct 22, 2014
Messages
5,941 (4.35/day)
Likes
3,528
Location
Sunshine Coast
System Name Black Box
Processor Intel Xeon E5-2680 10c/20t 2.8GHz @ 3.0GHz
Motherboard Asrock X79 Extreme 11
Cooling Coolermaster 240 RGB A.I.O.
Memory G. Skill 16Gb (4x4Gb) 2133Mhz
Video Card(s) Nvidia GTX 710
Storage Sandisk X 400 256Gb
Display(s) AOC 22" Freesync 1m.s. 75Hz
Case Corsair 450D High Air Flow.
Audio Device(s) No need.
Power Supply FSP Aurum 650W
Software W10 Home Premium 64 bit
#25
Why the assumptions he had sex with a female?
 
Top