not exactly "quits" its "stepping down to the role of executive chairman"... gotta love the tech tabloids
but then again, gotta love company PR spin for damage control![]()
In its second quarter earnings call, AMD announced that long time CEO and chairman Hector Ruiz is stepping down to the role of executive chairman and Dirk Meyer, previously president and COO is now president and CEO.
Ruiz said “It’s time to turn the company over to a new leader,” and that Meyer is “the right leader at the right time.”
The move comes as AMD announced a net loss of $1.189 billion for the second quarter and that it was divesting its handheld and DTV product businesses in order to be able to reclassify them as discontinued operations for the purpose of financial reporting.
AMD CEO Hector quits - AMD announces appointment of Dirk Meyer as President and CEO of AMD :: HEXUS.channel - The online home of the UK technology channel
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not exactly "quits" its "stepping down to the role of executive chairman"... gotta love the tech tabloids
but then again, gotta love company PR spin for damage control![]()
Global moral police here to clean up all the global village idiots from the Internetz.
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Global moral police here to clean up all the global village idiots from the Internetz.
My rig: Q6600, 4GB, 500GB HDD, 128GB SSD, 8800GT/512mb, vx450w, Dell E248WFP 24" LCD and the MX5021. My Tablet PC
Brand new acquisitions: Nokia N900 and HTC HD7.
Not like him being there or not would determine AMDs fortunes.
He was at the helm during the Athlon 64 dominance days too!
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