Brian M. Krzanich took the reins as CEO of Intel in May 2013 after a long career with the company, starting from the bottom in 1982. With a degree in chemistry, he climbed the corporate ladder from factory operations to...
Brian M. Krzanich took the reins as CEO of Intel in May 2013 after a long career with the company, starting from the bottom in 1982. With a degree in chemistry, he climbed the corporate ladder from factory operations to overseeing global supply chains. Under his leadership, he pushed for a pay structure at Intel that directly linked executive pay with company performance. In 2017, his compensation peaked at about $21 million, largely due to stock awards that amounted to over $14 million. However, by 2018, after expressing concerns about performance, his pay dropped to roughly $1.86 million. Krzanich's strategy included a focus on transparency and aiming for strong market performance, which meant adjusting executive rewards based on measurable results. Even after stepping down in mid-2018, he maintained a significant stake in Intel, holding over 253,000 shares of common stock. His career reflects the journey of a person who dedicated himself to growing one of tech's biggest companies, emphasizing performance and accountability throughout his time in charge.