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.

Comments

FTFT

[jbmartin6]

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

Re:FTFT

[jbmartin6]

The person knew he was in violation and could have resigned at the time of the relationship, instead of nobly resigning after some one ratted him out.

Re:sure, guy

[psycho12345]

Because they abided by it, including the spelled out consequences of violating it, even if it is the CEO.

Refreshing

[h8sg8s]

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.

Re:hope it was good

[b0s0z0ku]

He probably left with a nice severance "package" and can walk out, start his own company, get a teaching gig, move to the beach in Thailand, etc. Who has the last laugh? He's hardly impoverished.

Alternative valid reason

[FeelGood314]

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.

YES!

[bussdriver]

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.)