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Intel CEO Brian Krzanich Resigns Over Relationship With Employee (theverge.com)
Intel has announced that CEO Brian Krzanich has resigned from the company effective immediately. From a report: CFO Robert Swan is now Intel's interim chief executive officer. "Intel was recently informed that Mr. Krzanich had a past consensual relationship with an Intel employee," the company said in a press release. "An ongoing investigation by internal and external counsel has confirmed a violation of Intel's non-fraternization policy, which applies to all managers." Krzanich's immediate resignation was accepted to show "that all employees will respect Intel's values and adhere to the company's code of conduct," according to Intel.
You know.
Krzanich's immediate resignation was accepted to show "that all employees will respect Intel's values and adhere to the company's code of conduct"
after being caught
This posting is provided 'AS IS' without warranty of any kind, implied or otherwise.
"that all employees will respect Intel's values and adhere to the company's code of conduct,"
How exactly does not adhering to the company's code of conduct show that?
Complete with quotes from the original e-mail sent out to employees at 6:15am PDT. Within 20 minutes, was on slashdot.
SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
Its is funny how so many C-Level execs forget the FIRST rule of business:
NEVER mix business and pleasure.
There is a reason people set boundaries -- so they (almost) never have to worry about the two interfering. Of course it doesn't 100% prevent getting fucked over but it could always be worse if you are "involved."
--
Atheist, noun, a spiritual blind man arguing there is no such thing as color.
>> non-fraternization policy
Non fratzernization ? What's this kind of BS ?
aaaaaaa
Intel just keeps falling and falling deeper into the same gutter it shits into.
The guy will not lose much since his CV of working at Intel will produce job offers from less retarded businesses on its own basis, while he can form his own enterprise too given built up experience, maybe even as a watchdog surveying Intel and creating articles that shed light on their strategies and actions via some publication sites.
Intel however has lost more of its clout by putting itself on the opposite side of Humanism.
Abusing women like this happens constantly in business. She couldn't say no, or that man would have destroyed her life. Even Bill Clinton faced consequences for making an intern do something. In this case, the CEO made the poor woman do even more. The details are disturbing. He made her do something we don't want to do.
I did not get it. Was it female or male employee?
I looked up in the WIkipedia: Fraternization (from Latin frater, brother) is "turning people into brothers".
What "non-fraternization policy" may mean?
But UBI never works.
FYI!
hope it was worth your job Brian. She's probably laughing her ass off right now
I came to the datacenter drunk with a fake ID, don't you want to be just like me?
In my old company it was par for the course for managers to have sex with their subordinates. It was a way to get a nice raise and to get promoted. It was considered on eof the many perks of been a manager.
This is a face-saving (for Intel, not him) way of ushering him to the door without encouraging stockholders to pay more attention to how the company is performing.
That he was replaced with a finance guy instead a techie doesn't bode well, and suggests Moore's law is about to slow down even further (due to economics as much as physics).
Intel Inside
I wonder what his wife and two daughters think about that. Another Republican with loose morals.
Or maybe just maybe it's because Intel has almost squandered its competitive edge?
10nm is nowhere to be seen in decent quantities even though it was promised back in ... 2016. In a recent earnings call mass production was delayed until 2019.
Ice Lake is nowhere to be seen and Intel is still rehashing its three (!) years old SkyLake uArch. Meanwhile AMD Zen uArch has a very strong IPC performance and is only lacking in top frequencies, however AMD CPUs also have a very competitive TDP.
Add Meltdown, Spectre, Brian Krzanich selling all his shares (and leaving the bare minimum allowed by corporate laws) to the mix and the picture becomes quite grim. Perhaps shareholders were happy to use this excuse to let him go. In another (successful) corporation and under different circumstances this incident perhaps would have been brushed under the carpet.
Relationship was consensual. Policy is wrong -- employers should butt out of employees'/managers' private lives when they're off the clock. He was right to keep his private life private -- shame that someone snitched on him. Petty snitches make life worse for everyone.
Refreshing to see upper management held to the same company standards as the rest in the management chain. Too often, C-level and board members are given a pass after taking a pass at a subordinate while those further down the chain are crucified for the same behavior.
Organization? You must be joking..
I they get caught.
If he respected said policies, he would not be in trouble now.
A lot of people deluding themselves here IMO. Literally no ones cares BK slept with his secretary. That stuff just goes away at this level. This is just cover for tossing him after blowing the manufacturing lead and other leadership failures. They don't want to spook the shareholders.
Does this mean that a husband and wife couple can not both work for Intel? It is, after all, a consensual relationship.
What if the couple were engaged prior to employment and subsequently got married?
What if the couple had been dating prior to employment and subsequently got engaged?
What if the couple knew each other prior to employment and subsequently started dating?
What if the couple knew of each other prior to employment and subsequently developed a friendship?
Or does it mean you have to declare all known relationships prior to employment?
What if you know someone who's working for Intel, "accidentally" forget them at declaration and subsequently start dating?
Honestly, I really hope the policy is just being used by Krzanich to exit, and not exposing the moral and legal tar pit it appears to be.
Do NoT StIcK DiCk In CoMpAnY InK lolololololololololoololololol buszzzzzzzzted!!!!!!
Intel is headquartered in Santa Clara California and in that state it is illegal to have policies against legal actions after work hours
Everything is political, always, 24/7. Who needs Russian trolls when we have Americans that will do it for free.
It might be that this other person sat in meetings with him and it could be seen as an colluding to force an agenda. Or the other person might report to a manager that reports to Krzanich and this manager would then feel as if they are being watched or undermined by the relationship. There are other reasons than sexual misconduct to ban some relationships in a company.
... if you can't hire a young hot secretary and then bend her over your desk a few times a week. Thats the whole point of working so hard to get that position?!
Firing him for cause like this probably prevents intel from having to pay a golden parachute.
Your ad here. Ask me how!
That's my opinion, also.
My guess is that the Intel Board of Directors is trying to hide why they are firing the CEO. Krzanich was only slightly better than the previous CEO, Paul Otellini, in my opinion.
The Meltdown and Spectre bugs and the amazingly poor way Intel handled the issues could be one of the reasons for firing Krzanich.
See my comment on another story: Updated: Intel's YEARS of insufficient management.
Intel is extremely important to the entire world. How can the Board of Directors find a better CEO, when the Board has made mistakes in the past?
Intel is shockingly bad at communicating, in my opinion. Two people decided to have sex with each other? That's Intel's news?
Don't shit where you eat. ... none of those.
Thanks means don't screw anyone (sexually) where you get paid.
Bosses, employees, contractors, clients, customers
On 1 exception that I know ... Hooters chics and strippers. They can screw (sexually) their customers, if they like, but never their employees or bosses. Especially Chrissy at the Cumberland hooters, please.
For the younger readers, keep this in mind. Company policies are only there to give HR excuses! If you piss off the wrong people (especially a vindictive HR person) you'll have policies thrown at you by makeshift prosecutors (or actual staff lawyers) including ones they themselves have broken in the past.
Also be wary of staff who seem to know the company policies too well; because it often indicates a nasty person (or somebody who managed to escape an attack.) Normal people don't memorize the whole policy handbook; most people don't even read the whole thing and certainly decisions are often made without consulting it or following it (the larger it is the more likely it's BS only used as a fallback when fears of court cases arise.)
Democracy Now! - uncensored, anti-establishment news
Executives fuck their secretaries all the time. You don't really think all those beauty queen secretaries are hired for their ability to perform the tasks outlined in their job description, do you? In my past lives, the general manager had company paid for one of his secretary's breast implant operation. (Yes, he was fucking them both.)
ELOI, ELOI, LAMA SABACHTHANI!?
Intel users and fans alike should rejoice, B.K. aka Blunder King is no more at Intel. Praise Gaben and Felicia Day.
First rule of business? Not mixing business with pleasure?
What a pile of idiotic and hypocritical bull**** imposed by the sick madness of puritan fanatics!
The best things a life in this world has to offer come when ratio and emotions come together. Only weak minds can forbid emotions limiting everything and everyone to rationality.
It is staggering that any company thinks it has any right to interfere in personal private relationships. When they can exercise control over your sex life ..., Used to be a criticism leveled at religion. This would be laughed at in Europe
The CEO could have changed that policy if he wanted to, in order to make it more lenient. e.g. any relationships must be disclosed to HR, and can't be between two people where one has power over the other, etc. That is what a lot of places do. I have worked with people that met at work and ended up getting married. It happens, and companies should deal with that. I don't think the policy is right either, but the CEO agreed to it just like everyone else.
Of course, changing it wouldn't have really helps HIS situation as CEO since he would have a position of power over everyone.
My beliefs do not require that you agree with them.
The Me2 phenomenon is well on its way to successfully decimating US business and technical hegemony.
"The stock sales just ahead of the announcement of those issues [Spectre and Meltdown] are rather suspicious though."
I linked to a story about that in a previous comment: Intel was aware of the chip vulnerability when its CEO sold off $24 million in company stock. (Jan. 3, 2018)
There are so many areas of insufficient management at Intel that commenting on them always focuses on one or a few areas. A fully examined list would be a book, not a comment.
I remember the good ol' days, when Intel only screwed their customers!
Distribution of AMD and Intel x86 computer processors worldwide, from 2012 to 2017, by quarter
Intel: 77.7%. AMD: 22.3%. Intel sells 3.5 times as many CPUs as AMD.
I have worked at Intel for several years. The Code of Conduct is pushed very hard (by the CEO in fact) as being critical to our business. Yes, it does specifically prohibit many relationships between managers and their reports, whether direct or indirect. The primary reasons are around conflicts of interest. It isn't that Intel doesn't want employees to have relationships with each other (there are a significant number of families at Intel). It's about ensuring that there is no opportunity (or at least as little as possible) for a conflict of interest to occur. It's also about ensuring that there is no appearance of conflict of interest.
Also, the policy isn't a zero-tolerance policy. I just re-read it today to confirm. There is tolerance under a limited set of conditions. Specifically, it must be reported to your manager and approved by multiple internal entities BEFORE it happens. This can either be in terms of a potential relationship with an existing subordinate or in terms of potentially hiring someone with whom you have an existing close personal relationship.
It covers more than hiring, it's also for supplier/customer relationships. If your spouse happens to work at a company that could be a supplier for something Intel purchases, and you have influence over that purchasing decision, you are required to disclose this to your manager and get all necessary approvals. There will be additional oversight on it.
All of that being said, people aren't perfect. We make mistakes. BK should have owned up to this one much sooner. He didn't, I don't know the reasons, and probably never will know the reasons. I'm not going to speculate on them either, waste of everyone's time. There was enough information revealed to make it clear exactly what part of the Code of Conduct was violated. Anything else is getting into private, personal details and should be between him and his family/friends.
Men are pigs, and incapable of not raping every girl and women they see. So we must separate the sexes to keep them as far apart as possible. This limits the possibility of the male performing the disgusting and creepy act of procreation.
In the future, all the jobs at Intel will be undertaken by robots. Without foul smelling humans having sex all over the place, we can finally cure workplace sexual assault. Also when the machines take over we can finally fix global climate change.
Death to human. Bow down to your future not fornicating robot overlords
I think they are Spectre-lating. But I did hear they was some Heartbleed. I’m sure there was a Meltdown at some point..
Intel suffered major blows, just check on youtube reviewers reaction to their "counter to ThreadRipper 2".
This is merely an excuse,not the reason.
If you want to have a relationship with a subordinate the right thing to do is to remove yourself from a position of power over them.
Easy enough to say, but given he was CEO, everybody in the company was subordinate.
Which are you recommending, that he quit his job, or that he fire his innamorata?
Was this the same guy who unloaded a bunch of Intel stock right before the announcement of the CPU problems?
There's no time like the present. Well, the past used to be.
Please buy our CPUs, the company is now under new management.