"We thank Thomas for his many contributions to AMD and for serving as interim CEO in 2011, " said Rory Read, AMD president and CEO.
ENGADGET: AMD CFO Thomas Seifert calls it quits, Devinder Kumar takes his place on an interim basis
"The PC industry is going through a period of very significant change that is impacting both the ecosystem and AMD, " said Rory Read, AMD president and CEO.
Now that AMD has managed to be more than just a thorn in Intel's side, and instead a valid and increasingly threatening competitor, we figured they'd lay off the immature Intel bashing, but AMD's CEO, Hector Ruiz, got a bit whiny the other day during a speech to the Commonwealth Club in San Francisco.
"By acquiring SeaMicro, we are accelerating AMD's transformation into an agile, disruptive innovator capable of staking a data center leadership position, " said Rory Read, president and CEO, AMD.
ENGADGET: AMD absorbs server startup SeaMicro for $330 million, says it's no impulse buy
He also provided continuity at AMD as one of the few senior executives whose time at AMD started with the previous CEO.
FORBES: AMD Poised For Sharp Slide After CFO Announces Departure
In the recently ended third quarter, Eylea captured roughly one-third of the branded market share for wet AMD, according to Regeneron ceo Leonard Schleifer.
Advanced Micro Devices (AMD) late today announced that CEO Dirk Meyer has resigned effective immediately as an officer and director.
"Cloud computing has brought a sea change to the data center--dramatically altering the economics of compute by changing the workload and optimal characteristics of a server, " said Andrew Feldman, SeaMicro CEO, who will become general manager of AMD's newly created Data Center Server Solutions business.
ENGADGET: AMD absorbs server startup SeaMicro for $330 million, says it's no impulse buy
Doug Grose, the CEO of Globalfoundries and a former manufacturing exec with AMD, acknowledges the risks of this massive investment in a market known for wild up and down cycles.
FORBES: Intel And Globalfoundries To Create 2,400 Tech Jobs In U.S.
This was a very significant development for AMD that exposed the internal problems and weighed on the share price as the search for new CEO stretched longer than many expected.
FORBES: AMD Stock A Longtime Loser But Parts Add Up To $8.50
Barrett , Intel's former CEO and current chairman, threatened Acer Chairman Stan Shih with "severe consequences" for using AMD's Athlon 64 server chip.
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