Brian Krzanich

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Brian Krzanich
Brian Krzanich.jpg
Krzanich in 2014
Born Brian Matthew Krzanich
(1960-05-09) May 9, 1960 (age 58)[1]
Santa Clara County, California, US
Residence Atherton, California, US
Nationality American
Education Bachelor's degree in chemistry
Alma mater San Jose State University (1982)
Known for Former CEO, Intel
Board member of
Spouse(s) Brandee Krzanich
Children 2 daughters

Brian Matthew Krzanich (born May 9, 1960) is the former[2] chief executive officer (CEO) of Intel. He joined the company as an engineer in 1982, and served as chief operating officer before being promoted to CEO. As CEO, Krzanich was credited for diversifying Intel's product offerings and workforce. Krzanich has served on the Deere & Co. and Semiconductor Industry Association boards, as well as the Drone Advisory Committee, which advises the Federal Aviation Administration. He resigned on June 21, 2018 after engaging in a consensual relationship with an employee against company policy.

Early life and education[edit]

Krzanich is from Santa Clara County, California,[3] and graduated from San Jose State University in 1982 with a bachelor's degree in chemistry.[4][5][6]

Career[edit]

Intel[edit]

Krzanich began working as a process engineer at Intel's chip factory in New Mexico in 1982.[4][7][8] He became manager of a fabrication plant in Chandler, Arizona, in 1996, and later supervised assembly and testing facilities. He held management roles within Intel's manufacturing division,[9] managed a plant in Massachusetts,[3] and began overseeing the company's factories and supply chains in 2007.[4][7][10] Intel removed conflict minerals from its microprocessors while Krzanich was in charge of the company's supply chain.[11][12] He cited moral obligation as the reason to take action, and said the issue was "very important and personal" to him.[13][14] Intel worked to use conflict-free minerals for all microprocessors by 2014 and all products by 2016, and Krzanich was included in the documentary film Merci Congo (2016).[15][16][17]

In January 2012, Krzanich was promoted to the role of chief operating officer.[4][7][10] He led Intel's China strategy in this role.[5][18]

Krzanich served as chief executive officer (CEO) of Intel starting in May 2013.[4][7][19] In this role, Krzanich has been credited for expanding Intel's offerings beyond central processing units (CPUs) and into other technologies, including 5G wireless networks, artificial intelligence, autonomous vehicles,[20][21] cloud computing, drones, and wearables.[7][10][22][23] Intel has also explored artificial, augmented, and virtual reality,[24][25] as well as machine learning, during his tenure.[26][27]

In January 2015, he announced Intel's $300 million Diversity in Technology initiative to support the company's goal to achieve full representation of women and underrepresented minorities in Intel's U.S. workforce by 2020, and accelerate diversity and inclusion across the technology industry at large. These activities include funding engineering scholarships at historically black colleges and universities, establishing a professional gaming women's team, and sponsoring female students to attend game developer conferences in partnership with the International Game Developers Association.[28][29][30] In addition to Intel's Diversity in Technology initiative, the company's Hack Harassment campaign has worked to address cyberbullying with Krzanich as CEO.[31][32]

In January 2017, Krzanich spoke out against Executive Order 13769, U.S. President Donald Trump's executive order banning entry into the country by residents of seven predominantly Muslim nations.[33] In February, he stood alongside Trump at the White House to announce a $7 billion investment in a new factory in Chandler.[3][34][35] The announcement was made one day after Intel and other companies told a court that they believed Trump's immigration order was unconstitutional.[34] Krzanich also expressed support for the president's regulatory and tax policies on behalf of Intel.[36][37][38] Krzanich supported transgender rights before and after Trump announced the reinstatement of the ban on military service by transgender individuals in July.[39][40][41]

In August, Krzanich became the third executive to leave the Trump administration's American Manufacturing Council in 24 hours (following Kenneth Frazier and Kevin Plank, the CEOs of Merck & Co. and Under Armour, respectively), based on the president's response to the Unite the Right rally.[19][42][43] In a blog post confirming his resignation, Krzanich said "promoting American manufacturing 'should not be a political issue'".[19][42][43] He and other CEOs in the technology industry called for legal protections for "Dreamers", or immigrants who arrived in the U.S. as children, after the Trump administration rescinded the immigration policy known as Deferred Action for Childhood Arrivals (DACA) in September 2017.[44]

Krzanich's involvement in politics and Intel's diversity initiatives required the company to increase personal security funding for Krzanich and other colleagues because of received threats.[26][45][46] He has made personal political contributions through Intel's political action committee.[28]

In November 2017, Krzanich exercised stock options and sold shares in Intel worth $24 million after the company had learned that all its chips sold in the last decade had a major and fundamental security vulnerability. When the news became public in January 2018, the timing of the sale was questioned.[47][48][49] Krzanich retained 250,000 shares, the minimum amount allowed under his employment agreement and approximately half of the 495,000 shares he held prior to the transaction.

In June 2018, Krzanich resigned as CEO of Intel after probe of a consensual relationship with an employee.[50][51][52] Although this may have served only as a pretext for the troubles in the company.[53]

Board service[edit]

Krzanich has served on the boards of the energy company Lilliputian and the Semiconductor Industry Association (SIA), for which he also served as the elected chairman in 2015.[54][55] He was elected to Deere & Co.'s board of directors in January 2016.[5][56] He was appointed chairman of the Drone Advisory Committee, which offers recommendations to the Federal Aviation Administration, in May 2016.[57]

Personal life[edit]

Krzanich is married to Brandee Krzanich and has two daughters, with whom he has attended hackathons.[26][29][58]

Political activity[edit]

In June 2016, Krzanich canceled an event at his home in Atherton, California, that was reported by the New York Times to be a fundraiser in support of Trump.[46][59][60] According to Intel, the event was intended to be "a full exchange of views," but it was widely seen as incongruous with Intel’s support for immigration reform, Intel's US$300 million effort to attract women and minorities, as well as detrimental to the company’s interests in China, the biggest market for the semiconductor industry.[61][62] Krzanich later said he would not endorse a candidate in the U.S. presidential election.[28][63]

References[edit]

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  2. ^ https://www.nytimes.com/2018/06/21/technology/intel-ceo-resigns-consensual-relationship.html
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  5. ^ a b c "Intel CEO elected to Deere & Co.'s board". Quad-City Times. Davenport, Iowa: Lee Enterprises. January 5, 2016. Retrieved September 11, 2017. 
  6. ^ "Job Maestro: How to Be the "Light of Change," Advice From Intel CEO Brian Krzanich". San Jose State University. Spring–Summer 2017. Retrieved September 8, 2017. 
  7. ^ a b c d e Palmer, Annie (August 8, 2017). "Intel CEO Brian Krzanich Reveals Some of His Best Leadership Tips". TheStreet.com. Retrieved September 7, 2017. 
  8. ^ Palmer, Annie (August 8, 2017). "Here's What Intel CEO Brian Krzanich Thinks About the Powerful Tech Stock Rally". TheStreet.com. Retrieved September 7, 2017. 
  9. ^ Seifert, Dan (May 2, 2013). "Who is Brian Krzanich, Intel's new CEO?". The Verge. Vox Media. Retrieved September 8, 2017. 
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  35. ^ White House meeting with Trump:
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  54. ^ "Information on Brian Krzanich, Intel's new CEO". The San Diego Union-Tribune. Tronc. Associated Press. May 2, 2013. ISSN 1063-102X. Retrieved September 11, 2017. 
  55. ^ "Intel CEO Brian Krzanich Elected Chairman of Semiconductor Industry Association". Semiconductor Industry Association. November 13, 2014. Retrieved September 11, 2017. 
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  57. ^ "United States : Peter Cleveland: Intel CEO and Drone Enthusiast to Lead New FAA Drone Advisory Council". Mena Report. Al Bawaba. May 5, 2016. Retrieved September 11, 2017 – via HighBeam Research. (Subscription required (help)). 
  58. ^ Shahani, Aarti (February 3, 2016). "Intel Discloses Diversity Data, Challenges Tech Industry to Follow Suit". NPR. Retrieved September 11, 2017. 
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External links[edit]

Business positions
Preceded by
Paul Otellini
CEO, Intel
2013 – June 2018
Succeeded by