AMD Announces CEO-change to




AMD CEO Rory Read has resigned and will be replaced by current chief operating officer, Lisa Su. Read joined three years ago as CEO of AMD and has a hefty price change was implemented.

Read continues until the end of 2014 when AMD involved in an advisory role with the CEO transition, says AMD. He started in 2011 at AMD, after coo been with Lenovo to be, and there followed Dirk Meyer, who at that time not for the better results made ​​where it was hoped. Or disappointing results the reason that Read cleans the field, is not clear.

Under Read a different course was used for AMD, with less competition with Intel has entered the market for consumer chips and more new market entries. So AMD is working to expand, with which it has been successful in the consoles from Sony and Microsoft. Its activities with custom APUs Also, the process of developing AMD arm chips for servers and among Read among other things, the manufacturer of micro-servers Seamicro was acquired.

The reorganization is the cost of AMD dropped sharply and the debt remained relatively stable, yet still suffered the chip design company big quarterly losses in recent years, with only a few times profit.

Lisa Su is achieved by Read to AMD in 2012. Before that, she was among other chief technology officer at Freescale and she held technical positions at IBM and Texas Instruments.


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