Brian Krzanich Net Worth: Intel Career & Wealth

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Brian Krzanich, the former CEO of Intel, had a notable career marked by significant achievements and, consequently, substantial wealth. Understanding his net worth involves examining his tenure at Intel, his compensation packages, and his financial holdings.

Early Career and Rise at Intel

Krzanich joined Intel in 1982 and steadily climbed the corporate ladder. His expertise in manufacturing and supply chain management played a crucial role in his ascent. Before becoming CEO, he served as the Chief Operating Officer, overseeing Intel's manufacturing operations.

CEO Tenure and Compensation

Key Highlights

  • Appointment: Krzanich was appointed CEO in May 2013.
  • Strategic Direction: He focused on expanding Intel's presence in the mobile and Internet of Things (IoT) markets.
  • Financial Performance: During his tenure, Intel saw revenue growth and maintained its dominance in the PC processor market.

Compensation Details

As CEO, Krzanich received a comprehensive compensation package that included:

  • Base salary
  • Annual bonuses
  • Stock options and grants
  • Other benefits

His total compensation varied year to year, based on Intel's performance and other factors. For example, in 2017, his total compensation was reported to be around $21.6 million.

Controversy and Departure

Krzanich's tenure as CEO ended abruptly in June 2018 when he resigned after an investigation revealed a past consensual relationship with an Intel employee. This relationship violated Intel's non-fraternization policy.

Impact on Financial Holdings

  • Stock Sales: Before his resignation, Krzanich sold a significant portion of his Intel stock.
  • Ethical Considerations: The timing of the stock sales raised questions about potential insider trading, although Intel stated the sales were unrelated to the investigation.

Estimating Brian Krzanich's Net Worth

While an exact current net worth figure is not publicly available, we can estimate it based on his past compensation, stock holdings, and reported transactions.

Factors to Consider

  1. Past Compensation: Over his years at Intel, Krzanich accumulated substantial earnings.
  2. Stock Holdings: Stock options and grants formed a significant part of his wealth.
  3. Investments: Any other investments he may have made outside of Intel.

Estimated Range

Based on available data, Brian Krzanich's net worth is estimated to be in the tens of millions of dollars. However, this is an approximate figure.

Conclusion

Brian Krzanich's net worth reflects his long and impactful career at Intel. While his departure was controversial, his financial success is a testament to his contributions to the company's growth and market leadership. Although the precise figure remains private, available information suggests a substantial accumulation of wealth through salary, bonuses, and stock holdings.