Intel CEO resigns, CFO steps up to the 10nm plate

Intel CEO Brian Krzanich resigns after 'past consensual' relationship with Intel employee.

@anthony256
Published Thu, Jun 21 2018 9:33 AM CDT   |   Updated Tue, Nov 3 2020 11:51 AM CST

Intel CEO Brian Krzanich has made a shock exit from the company, resigning effective immediately after it was exposed he was involved in a "past consensual" relationship with an Intel employee.

Intel CEO resigns, CFO steps up to the 10nm plate | TweakTown.com

Krzanich is being replaced with Intel CFO Robert Swan, after Krzanich took position as CEO back in May 2013. He was tasked with shifting Intel from a PC-centric company to a silicon/data centered company, something he achieved in short time. Krzanich was also previously the COO and executive vice president of Intel after he joined the company in 1982.

Intel Chairman Andy Bryant said in an official statement: "The Board believes strongly in Intel's strategy and we are confident in Bob Swan's ability to lead the company as we conduct a robust search for our next CEO. Bob has been instrumental to the development and execution of Intel's strategy, and we know the company will continue to smoothly execute. We appreciate Brian's many contributions to Intel".

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles