Intel boss Brian Krzanich ousted for violating 'fraternisation policy'

Intel boss Brian Krzanich
Intel boss Brian Krzanich Credit: Getty

Intel's chief executive has Brian Krzanich has resigned, effective immediately, after a probe revealed that a past consensual relationship with an employee violated company policy.

"An ongoing investigation by internal and external counsel has confirmed a violation of Intel's non-fraternization policy, which applies to all managers," the company said in a statement.

The board named Chief Financial Officer Robert Swan as interim chief executive officer. 

Swan has been Intel's chief financial officer since October 2016 and leads the global finance, IT, and corporate strategy organisations. He previously spent nine years as chief financial officer of eBay Inc. Earlier, he was chief financial officer...

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