Intel Executive Bench Is Thin After Outgoing CEO Ousted Rivals
- Leaders who left chipmaker include Renee James and Stacy Smith
- Shenoy is one of the few execs who rose through Intel’s ranks
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The ouster of Intel Corp. Chief Executive Officer Brian Krzanich for an inappropriate workplace relationship leaves the world’s second-largest chipmaker with the worst leadership crisis in its 50-year history.
During a five-year stint as CEO, Krzanich upended Intel’s executive mentoring approach and pushed out several internal leaders, some of whom vied with him for the top job. That leaves a thinner executive bench from which to pick a successor, and forces the company to look outside to potentially lure back some of the talent who left or were pushed out.