Author Topic: Brian Krzanich (Intel) has Left the Building  (Read 2088 times)

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Offline kfnightTopic starter

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Brian Krzanich (Intel) has Left the Building
« on: June 21, 2018, 03:30:40 pm »
http://money.cnn.com/2018/06/21/technology/intel-ceo-out/index.html
 
I never was a fan of the guy or where he was leading Intel. Here's to hoping that the next CEO does a better job.
 

Online tszaboo

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #1 on: June 21, 2018, 03:37:55 pm »
This guy is still not in jail since his insider trading before Spectre and Meltdown?
I would've quit myself in that case.
 

Online wraper

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #2 on: June 21, 2018, 04:15:29 pm »
This guy is still not in jail since his insider trading before Spectre and Meltdown?
I would've quit myself in that case.
FWIW Spectre and Meltdown had barely any effect on share price.
 

Online Ice-Tea

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #3 on: June 21, 2018, 04:46:02 pm »
This has cost them 6%.

Offline Stray Electron

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #4 on: June 21, 2018, 04:51:41 pm »
Intel says CEO Brian Krzanich has resigned after the company learned of a "past consensual relationship with an Intel employee."

   Don't go fishing off of the company pier!
 

Offline Marco

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #5 on: June 21, 2018, 05:44:51 pm »
Workplace fraternization. What a silly thing to fire someone over and what a silly rule to have.

As far as nepotism goes Intel has so much bigger problems ...
 
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Online tszaboo

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #6 on: June 21, 2018, 07:44:44 pm »
This guy is still not in jail since his insider trading before Spectre and Meltdown?
I would've quit myself in that case.
FWIW Spectre and Meltdown had barely any effect on share price.
This has cost them 6%.
So only 1.5 million dollars...
It could've been disastrous for the company, Imagine if they would need to recall all datacenter CPUs.
 

Offline Stray Electron

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #7 on: June 21, 2018, 08:12:09 pm »
  The local business news just said that this has cost Intel $5.4B in lost stock prices. PLUS Intel apparently intends to pay Krzanich's "Golden Parachute" clause.  No telling how much that will be.

   Only in America can a BIG Business CEO do something illegal and/or unethical and get paid MILLIONS of dollars as a reward!
 

Online wraper

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #8 on: June 21, 2018, 09:27:38 pm »
So only 1.5 million dollars...
It could've been disastrous for the company, Imagine if they would need to recall all datacenter CPUs.
It dropped to the price as 2 weeks earlier. In a month price was back and in June was all time high. They would not recall them. Full recall is impossible to do and I don't think they would be legally obliged to do so. Also sw/fw workaround was already in progress for quiet some time.
Quote
Imagine
Don't imagine. Extent of the issue and consequences are already known.
« Last Edit: June 21, 2018, 09:37:14 pm by wraper »
 

Offline aargee

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #9 on: June 22, 2018, 06:49:14 am »
Workplace fraternization. What a silly thing to fire someone over and what a silly rule to have.

As far as nepotism goes Intel has so much bigger problems ...

You're assuming that was the real reason he was let go? I don't think so...  :)
Not easy, not hard, just need to be incentivised.
 

Offline GeorgeOfTheJungle

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Re: Brian Krzanich (Intel) has Left the Building
« Reply #10 on: June 22, 2018, 08:21:54 pm »
This guy is still not in jail since his insider trading before Spectre and Meltdown?
I would've quit myself in that case.

The further a society drifts from truth, the more it will hate those who speak it.
 


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