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Rambus gives CEO the sack

Jul. 11, 2018 – 

Black had led Rambus, a broad-based developer of semiconductor and technology intellectual property, since 2011. The termination is not related to the company's financial and business performance, the company said in a statement. Rather it follows an "incident" in which the board of directors said Black's conduct "fell short of the company's standards."

Black is the second hasty removal of a CEO in recent weeks. Brian Krzanich resigned as Intel CEO and as member of the board of directors after the company was informed about a past consensual relationship with an Intel employee that broke "non-fraternization" rules.

Rambus has appointed Luc Seraphin, general manager of the memory and interfaces division as interim CEO of the company

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