Intel CEO Brian Krzanich resigns in wake of workplace relationship

[HEXUS]

CFO, Robert Swan, steps up in the interim.

Read more.

[Tabbykatze]

Intel has a very trippy 18 months making themselves look like silly and then the CEO steps down because he had a consensual relationship with another employee? Are you kidding?

I call shenanigans.

[MLyons]

"Intel Inside"

[ik9000]

Intel has a very trippy 18 months making themselves look like silly and then the CEO steps down because he had a consensual relationship with another employee? Are you kidding?

I call shenanigans.

shenangians? a CEO? in charge of all those interns...?

"Intel Inside"

edit: *not that I'd condone any such behaviour or exploitative goings on.

[Tabbykatze]

Intel has a very trippy 18 months making themselves look like silly and then the CEO steps down because he had a consensual relationship with another employee? Are you kidding?

I call shenanigans.

shenangians? a CEO? in charge of all those interns...?

How does it go...?

"Wah wah woo wah, very nice"

[Iota]

I call shenanigans.

Intel possibly got wind of an incoming investigation in regards to him selling a large quantity of Intel shares prior to Spectre / Meltdown bugs going public. Who knows, maybe it was just all about him shenaniganing someone he works with. Probably his secretary, isn't that how it works? Long days and nights together etc etc.

[Ttaskmaster]

because he had a consensual relationship with another employee?

No.
He's stepping down because any manager in any relationship with an employee is against company policy. Period.
We have the exact same thing.

He's stepping down because one of them has to, and not only is he deemed to have the greater responsibility as a manager, but the greater salary means they can likely continue to enjoy their relationship with all the creature comforts.
It also means the employee in question shouldn't suffer from "Just because you're shenaniganing the Boss" syndrome...

[EvilCycle]

Glad I don't work for a company with this policy! I am not single so it doesn't actually make a physical difference to me, but with the life I lead, if I WAS single I would most likely end up meeting a partner through work more than anywhere else, I am sure there are real and reasonable reasons to enforce such a policy, but god that would suck working somewhere like that as a singleton who doesn't get a lot of free time outside of work.

[Tabbykatze]

No.
He's stepping down because any manager in any relationship with an employee is against company policy. Period.
We have the exact same thing.

He's stepping down because one of them has to, and not only is he deemed to have the greater responsibility as a manager, but the greater salary means they can likely continue to enjoy their relationship with all the creature comforts.
It also means the employee in question shouldn't suffer from "Just because you're shenaniganing the Boss" syndrome...

Agreed, but as I replied on the OC3D thread:

It's the CEO of a multi-billion dollar company, he/they can literally bury it and no one would ever know. It's also a relationship from the past, not current. Either way, the person he would have had a relationship with would have been more likely to have been fired, not him.

This feels like an excuse to quietly duck out so it's not "Intel CEO walks away from Intel" or "Intel Board forces Brian to step down to make way for new blood"

[plexabit]

People thought Intel was in hot water for overclocking their CPU's in a presentation, but turns out they're in hot water for overclocking their CEO in an employee.

[ik9000]

This feels like an excuse to quietly duck out so it's not "Intel CEO walks away from Intel" or "Intel Board forces Brian to step down to make way for new blood"

Bingo. Hence my comment in the other thread about their lacklustre CPU progress during his time at the helm. One wonders if people there are asking questions why there wasn't something ready on the shelf to completely and utterly sink threadripper and ryzen across the board once the need arose (and without the need for industrial air-con)?

[3dcandy]

It's not like he needs the money to be fair...

[mers]

Perhaps he got a Ryzon and couldn't help himself.

[ik9000]

Perhaps he got a Ryzon and couldn't help himself.

poor.

[Tabbykatze]

Bingo. Hence my comment in the other thread about their lacklustre CPU progress during his time at the helm. One wonders if people there are asking questions why there wasn't something ready on the shelf to completely and utterly sink threadripper and ryzen across the board once the need arose (and without the need for industrial air-con)?

Absolutely, the CEO is pretty much responsible for keeping the company ahead of its competition by focusing its spearhead in the appropriate directions. I bet there have been very difficult board meetings for the past 12 months of "what are we going to do to get ahead of AMDs upward trend?". It looks like a ball, a very big ball, has been dropped.

Granted, Intel are still ahead in the majority of workloads and still hold market dominance but when you competition has gone from a laughable minority to chipping away your bottom line, something needs to change. AMDs Zen architecture allows for a dramatic velocity over the next 5 years but Intels Core architecture lost momentum 4 years ago. Intel will need to move on from its Core architecture and make something new and soon. 10nm should have been dropped when it was realised to be verifiably useless/economically unviable unless the node went through at least 2 generational improvements.

Maybe a new CEO is what's needed, look at what Lisa is doing with AMD kind of thing.

[Ttaskmaster]

I am sure there are real and reasonable reasons to enforce such a policy, but god that would suck working somewhere like that as a singleton who doesn't get a lot of free time outside of work.

No need to worry, Bridget Jones... So long as you're not a manager dating one of your subordinates, it's alright. You can snog, marry, avoid, or even just shag another employee if you want - Just not one you have command over... but for a CEO, that means everyone.

Same idea as teachers having relationships with pupils, basically.
You, as Young Tommy in Class 3B, can snog Mary-Jane Rottencrotch from 3F behind the bike sheds all you like.
You, as Mister Thompson the Geography teacher can happily whistle through the wheatfields of Miss Denmead the physics babe.
But Tommy cannot give the uniform rigid rod to Miss D, and Mr Thompson cannot explore the peaks of Mary-Jane...

It's the CEO of a multi-billion dollar company, he/they can literally bury it and no one would ever know.

So potential corruption, further compounded by coverups?
How is that any better?

If they wanted to cover it up, he'd have simply stepped down for other made-up reasons... Ill health, family issues, or something wholly innocent-sounding.

It's also a relationship from the past, not current.

Was it a breach of company policy or not?
Simple as.
Plenty of people get in trouble for things done in the past..... it's almost in fashion, these days!!

Either way, the person he would have had a relationship with would have been more likely to have been fired, not him.

Having known this happen with some of our own lot, it's never the employee. Managers bear the responsibility in these matters.