The Briefing Room
General Category => Economy/Business => Topic started by: Suppressed on June 21, 2018, 08:45:31 pm
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Intel's Brian Krzanich is forced out as CEO after 'consensual relationship' with employee
·Krzanich, 58, violated the company's non-fraternization policy, Intel says.
·Chief financial officer Robert Swan will step in as interim CEO, effective immediately.
Sara Salinas | @saracsalinas
Published 7 Hours Ago Updated 4 Hours Ago
https://www.cnbc.com/2018/06/21/intel-ceo-brian-krzanich-to-step-down-bob-swan-to-step-in-as-interim-ceo.html (https://www.cnbc.com/2018/06/21/intel-ceo-brian-krzanich-to-step-down-bob-swan-to-step-in-as-interim-ceo.html)
Intel's Brian Krzanich was forced out as CEO following an investigation into a "consensual relationship with an Intel employee," the company announced Thursday.
Krzanich has also left the board, it said.
Chief financial officer Robert Swan will step in as interim CEO, effective immediately, and the board has already begun the search for a permanent replacement.
[...]
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I once had a boss, that was deeply involved with a subordinate direct report to me.
Being really naïve, I had no idea at the time. Somewhile later, I learned and it explained many things.
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What was that old corporate rule about dipping your wick in the company ink.