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Intel is sliding after its CEO resigns

29 days ago   |   By

Intel
Intel said Thursday that its CEO, Brian Krzanich, had resigned following a consensual relationship with another employee that violated company policies.
The company also raised its second quarter earnings per share to $0.99.
Shares initially surged more than 2% following the news, but now they are in the red.
Follow Intel's stock price in real-time here.
Shares of Intel popped 2% in early trading Thursday - before sinking into the red, down about 2% - after the company said chief executive Brian Krzanich had resigned following an investigation that found he had a past relationship...
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Intel CEO resigns after investigation finds he had past relationship with employee

Intel CEO resigns after investigation finds he had past relationship with employee

29 days ago   |   By

David Becker/Stringer Intel's CEO, Brian Krzanich, resigned on Thursday, according to an announcement by the company.
CFO Bob Swan will take over as interim CEO, according to the release.
Intel said that it found that Krzanich had a "past consensual relationship with an Intel employee" that ended up being a "violation" of company policies. See the rest of the story at Business Insider NOW WATCH: How Apple can fix HomePod and Siri See Also: Here are your favorite TV shows that are coming back for another season Share your opinion - Become a BI Insider today What marijuana really does to...
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