An ongoing internal and external investigation confirmed the violation of Intel’s nonfraternization policy, which is applicable to all management.
“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 the statement.
Intel’s CFO Robert Swan will immediately step in as interim CEO while the board searches for a permanent leader.
Mr. Swan has been CFO at Intel since October 2016 and leads the global finance, IT and corporate strategy divisions.
More articles on business:
Starbucks to close 150 US stores
Walgreens to replace GE on Dow Jones Industrial Average
Musk accuses Tesla employee of ‘extensive and damaging sabotage’ campaign
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
