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Intel CEO Brian Krzanich resigns after relationship with employee is revealed

Intel announced today CEO Brian Krzanich has resigned from his position following the reveal of a past "consensual relationship" with an Intel employee. The move stems from an internal investigation that found Krzanich's relationship violated the company's non-fraternization policy that applies to all managers (via Anandtech).

From Intel:

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.

According to sources speaking with CNBC, the relationship occurred "some time back," but Intel recently found out about the tryst and Krzanich was asked to resign.

Krzanich has also resigned his position on Intel's board of directors.

Replacing Krzanich on an interim basis will be current Intel CFO, Bob Swan. The company says it "has a robust succession planning process in place and has begun a search for a permanent CEO."

Krzanich initially joined Intel in 1982 before becoming COO in 2012. The exec was then promoted to the position of CEO in 2013, where he had guided the company's strategy since.

The move comes as Intel is facing increased pressure from both AMD and Qualcomm in the PC space. AMD has recently seen a resurgence of sorts with its Ryzen processor lineup, while Qualcomm is working closely with Microsoft on its efforts with Windows 10 on ARM PCs. Intel also has plans to enter the discrete GPU market in 2020, a market which NVIDIA and AMD currently dominate.

Dan Thorp-Lancaster is the Editor in Chief for Windows Central. He began working with Windows Central as a news writer in 2014 and is obsessed with tech of all sorts. You can follow Dan on Twitter @DthorpL and Instagram @heyitsdtl. Got a hot tip? Send it to daniel.thorp-lancaster@futurenet.com.

12 Comments
  • eya
  • it's like my dad always said, don't dip your ladle in another person's gravy boat
  • That is such a setup, so many ways to punch it. :)
  • Seriously these days try to avoid any non-professional relationships in your workplace, it's just a recipe for disaster later down the road. Keep all workplace interaction strictly formal, you can have your adventures with people unassociated with your workplace where you are just like any other another couple..
  • How convenient. Intel is being pressured both by ARM and AMD and thus, in the right spot for a change of leadership. I wonder how much this was an excuse more than anything else.
  • completely agree. This is just an eye wash. He's stepping down either due to 10nm or the Spectre issues. This is a face-saving (for Intel, not him) way of ushering him to the door without getting stockholders too upset and admitting the real reason.
  • I think there are other ways to get his exit without having to 'damage' his reputation with a scandal. Happens all the time in tech. He can just write some sappy memo explaining how he wants a change of pace or how he wants to explore new opportunities or spend more time with his family etc. (e.g. Terry Myerson is a good example). There's no reason for this kind of messy/scandalous exit which cannot neatly be explained away like a 'voluntary' step down.
  • I wouldn't call it a scandal. Nothing indicates this was a mistress, or abuse of position or anything particularly sordid. It was a violation of policy. If the policy is that no manager can date any employee, that seems a bit excessive. It it is like many that a manager cannot date any employee in their direct reporting chain, that's another thing. I think others are right. It was a convenient way to set him aside. Possibly he was not OK with that and declined to 'explore other options and spend more time with family.'
  • "Intel Inside" 😂
  • You can't stop love ✌
  • But you can keep it from happening here.
  • What a dated policy. I understand not wanting Mad Men: Silicon Valley Edition, but this seems extreme.