Intel CEO Brian Krzanich has resigned after breaching the tech giant’s “non-fraternisation” policy.

An internal investigation determined that Krzanich had a consensual relationship with an Intel employee. Company policy forbids “fraternisation”, and this extends to the highest levels of management.

Code of conduct

"Given the expectation that all employees will respect Intel's values and adhere to the company's code of conduct, the board has accepted Mr. Krzanich's resignation," said Intel in a statement.

The parting appears to be on good terms, with Intel management leaving Krzanich in good spirits. He is succeeded as CEO in the interim by CFO Robert Swan, effective immediately.

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