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Intel Corp.

Intel CEO out after consensual relationship with employee

Intel CEO out after consensual relationship with employee

Intel CEO Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an employee.

Intel said Thursday that the relationship was in violation of the company's non-fraternization policy, which applies to all managers. Spokesman William Moss said Intel has had the policy in place for "many years." He declined to comment further.

Chief Financial Officer Robert Swan will take over as interim CEO immediately. A search for a new CEO is underway.

Corporate America is under intense pressure to enforce workplace policies on gender equality and sexual harassment. Thanks largely to the #MeToo era, even relationships that appear...

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