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General => General Technical Chat => Topic started by: kfnight on June 21, 2018, 03:30:40 pm

Title: Brian Krzanich (Intel) has Left the Building
Post by: kfnight on June 21, 2018, 03:30:40 pm
http://money.cnn.com/2018/06/21/technology/intel-ceo-out/index.html (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.
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: tszaboo 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.
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: wraper on June 21, 2018, 04:15:29 pm
Quote from: NANDBlog 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.
FWIW Spectre and Meltdown had barely any effect on share price.
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: Ice-Tea on June 21, 2018, 04:46:02 pm
This has cost them 6%.
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: Stray Electron 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!
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: Marco 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 ...
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: tszaboo on June 21, 2018, 07:44:44 pm
Quote from: wraper on June 21, 2018, 04:15:29 pm
Quote from: NANDBlog 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.
FWIW Spectre and Meltdown had barely any effect on share price.
Quote from: Ice-Tea on June 21, 2018, 04:46:02 pm
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.
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: Stray Electron 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!
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: wraper on June 21, 2018, 09:27:38 pm
Quote from: NANDBlog on June 21, 2018, 07:44:44 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.
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: aargee on June 22, 2018, 06:49:14 am
Quote from: Marco 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 ...

You're assuming that was the real reason he was let go? I don't think so...  :)
Title: Re: Brian Krzanich (Intel) has Left the Building
Post by: GeorgeOfTheJungle on June 22, 2018, 08:21:54 pm
Quote from: NANDBlog 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.

https://www.youtube.com/watch?v=7gRsgkdfYJ8 (https://www.youtube.com/watch?v=7gRsgkdfYJ8)