News
 

Bookmark and Share

(0) 

Advanced Micro Devices said that the search for its new chief executive officer continues and claims that there is interest from various candidates. However, the company did not outline whether it will assign its new CEO by the end of the second quarter.

"I would like to make a brief comment on the state of the CEO search at AMD. The board of directors is very happy with the interest we have received and is actively interviewing candidates. We are pleased with our progress to date," said Thomas Seifert, chief financial officer at AMD and the interim chief executive officer, during a recent conference call with financial analysts.

Dirk Meyer resigned from AMD in early January. It is widely believed that the board of directors was not satisfied with the company's plans in regards of mobile devices, such as tablets. Thomas Seifert, originally chief financial officer of the chip designer, acts as interim CEO.

At present it is completely unclear who may be AMD's next chief executive. Many believe that AMD's current executives, such as Rick Bergman, who joined AMD after the acquisition of ATI Technologies and helped to revive the company's graphics business, may become AMD's next leader. Another names include Pat Gelsinger from EMC Corp. James Lederer from Qualcomm and many others. The good news is that, according to AMD, it has a pool of people to choose from.

Given the fact that several executives who worked in various server-related divisions at AMD also resigned following Mr. Meyer, it is unlikely that the new CEO will come from the server industry. On the other hand, AMD's short-term success will not be determined by tablets or other emerging devices, but by the company's ability to correctly position its accelerated processing units (APUs), central processing units (CPUs) and graphics processing units against competing chips from Intel Corp. and Nvidia Corp.

Tags: AMD, Phenom, Bulldozer, Llano

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Wednesday, October 8, 2014

8:52 pm | Lisa Su Appointed as New CEO of Advanced Micro Devices. Rory Read Steps Down, Lisa Su Becomes New CEO of AMD

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture

Monday, August 25, 2014

6:05 pm | Chinese Inspur to Sell Mission-Critical Servers with AMD Software, Power 8 Processors. IBM to Enter Chinese Big Data Market with the Help from Inspur