Intel CEO resigns

[thewap]

Looks like Brian Krzanich resigned due to having relations with an employee. Seems like a good excuse for the board to get rid of him due to the many problems Intel has been having?

http://www.businessinsider.fr/us/in...ation-finds-past-employee-relationship-2018-6

 

[LizKat]

Krzanich dumping a very large pile of stock after the chip flaw issue had been revealed may have got the board looking for some reason, any reason... to jettison him due to growing mistrust of his leadership. There certainly may have been some concern about possible ongoing liability ensuing from whatever had motivated his stock sale at that time.

"Après moi le déluge" is never an attractive sentiment to anyone else left on board...

http://www.businessinsider.com/inte...fter-company-was-informed-of-chip-flaw-2018-1

 

[thewap]

Krzanich dumping a very large pile of stock after the chip flaw issue had been revealed may have got the board looking for some reason, any reason... to jettison him due to growing mistrust of his leadership. There certainly may have been some concern about possible ongoing liability ensuing from whatever had motivated his stock sale at that time.

"Après moi le déluge" is never an attractive sentiment to anyone else left on board...

http://www.businessinsider.com/intel-ceo-krzanithe stock duch-sold-shares-after-company-was-informed-of-chip-flaw-2018-1

The timing of Kranich's stock dump is very fishy indeed..not a good move to inspire confidence..

 

[satcomer]

This reminds of the old saying never get invoked with a coworker or employees, it will not end well for you!