Bengaluru — Intel CE Brian Krzanich resigned on Thursday after a probe found his consensual relationship with an employee violated company policy. The head of the largest US chipmaker is the latest in a line of powerful men in business and politics to lose their jobs or resign over relationships viewed as inappropriate, a focus of the #MeToo movement. "An ongoing investigation by internal and external counsel has confirmed a violation of Intel’s non-fraternisation policy, which applies to all managers," Intel said in a statement. The board named chief financial officer Robert Swan as interim CE and said it has begun a search for a permanent CE, including both internal and external candidates. Intel declined to give any further information about the probe. Intel shares fell 1.5% in early trade. Wall Street took Krzanich’s unexpected departure in stride. "Although we respect Krzanich’s efforts in redirecting Intel’s strategy from a computer-centric to a data-centric company, we view I...
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