5 ms·
So it was a sex scandal that forced him out, rather than his poor business decisions and hostility towards consumers? Man, this country is so weird.
by anoncoward111 8y ago
So it was a sex scandal that forced him out, rather than his poor business decisions and hostility towards consumers?
Man, this country is so weird.
- mtgx 8y agoThey had so many reasons to push him out. I feel like the board has been aware of the relationship for a while, but they got together one day to figure out which public reason to give for the ousting of Krzanich. And they chose this, which is probably the reason with the least negative impact on whatever is left of Krzanich' career. He may even get high-fives for it at his next gig. At the end of the day, they had to get rid of him, not just for the insider trading, which is probably one of those "everyone does it" things in corporate America, but primarily because he seemed completely incapable of keeping Intel competitive against AMD's offensive over the next few years. Plus, under Krzanich's watch Intel lost its multi-year leadership in process technology.
- anoncoward111 8y agoLarry Ellison rolled out the red carpet for Mark Hurd after Hurd was found to have had multiple questionable relationships with "marketing interns" that he would fly all over the world. So like, do corporations use "impropriety" as the public cover story for "actually he lost this company a lot of money but we don't want to spook the shareholders"??