By Eve Tahmincioglu
Brian Krzanich, resigned as CEO of Intel last week after it was revealed he had an affair with an employee.
There are few details beyond the company's official press release, but it appears the board didn’t know about the relationship.
It seems as though Krzanich isn’t alone in his secrecy. A Stanford study examined CEO misbehavior that got extensive media attention and found 34% of the incidents involved reports of a CEO lying to the board or shareholders over personal matters — such as a drunken-driving offense, prior undisclosed criminal record, or falsification of credentials. And 21% involved a sexual affair or relations with a subordinate, contractor, or consultant, the report found.
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