Current AMD CEO steps down but stays as Advisor

AMD logoBy all accounts, Rory Read did a more than decent job in reforming AMD and getting it back into balance, even giving it a new direction to follow, where the impact from Intel's activities would be minimal.

And yet the man has stepped down from his position as chief executive officer. AMD didn't even give a week's warning. It just announced the change.

This much I've already covered: Read is stepping down as CEO and passing the mantle to Lisa Su, who has been acting as chief operating officer until now.

What hadn't been totally clear before was what Read would do from now on. Now, though, it's been stated that he will remain as an advisor until the end of the year.

After that, I can only assume he'll go to another company, or maybe take some time off. Maybe retire early even, since he's 52 years old now.

Either way, he probably won't stick with AMD because he probably wouldn't have completely left the board of directors if that were the case.

Sure, he might have surrendered his post as president of the board to Su, but he could have remained a member.

Lisa Su

Perhaps he feels that with AMD's new freedom from Intel (relatively speaking, on the CPU/APU front) his services are no longer needed. Especially since his main role was cleaning house (read: firing lots of people suspected of leaking info or substandard work performance) and he's more or less done with that now.

Source: Softpedia

Tags: AMD, CPUs

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

Pokemon GO had the potential to net $1 billion a year
The report said that Hon Hai has invested about US$600 million in India
Market research firm IDC reports that in the third quarter of this year
Customers will only have to shell out 50% of the cost of their Galaxy S7 device
New flagship will launch in 2017
Patent hints at name of the upcoming Surface AIO
IBM, Globalfoundries and Samsung have chosen to use extreme ultraviolet (EUV) light to pattern transistors
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4

News Archive



Do you use microSD card with your phone?
or leave your own version in comments