Linked by Amjith Ramanujam on Thu 17th Jul 2008 22:06 UTC, submitted by Nehemoth
The CEO of chip maker Advanced Micro Devices Inc. is stepping down.
Hector Ruiz had been just the second person to lead AMD after company founder Jerry Sanders. He'll be replaced by the chip maker's No. 2 executive, Dirk Meyer.
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RE: Comment by moleskine
by happycamper on Fri 18th Jul 2008 04:39
in reply to "Comment by moleskine"
Member since:2006-01-01
Ruiz hasn't been entirely removed. He is still on the board as executive chairman
Mr. Sanders made Mr Ruiz the heir apparent of AMD. obviously he was well qualified
from wikipedia: "Ruiz earned a B.S. and M.S. in electrical engineering from the University of Texas at Austin in 1968 and 1970 respectively and a Ph.D. in electrical engineering from Rice University in 1973. He worked at Texas Instruments for six years and Motorola for 22 years, rising to become president of Motorola's Semiconductor Products Sector before being recruited in 2000 by AMD founder Jerry Sanders to serve as AMD's" president and chief operating officer, and to become heir apparent to lead the company upon Sanders' retirement.
Edited 2008-07-18 04:40 UTC
RE[2]: Comment by moleskine
by Adurbe on Fri 18th Jul 2008 10:01
in reply to "RE: Comment by moleskine"
Member since:2005-07-06
RE[2]: Comment by moleskine
by Wondercool on Fri 18th Jul 2008 23:37
in reply to "RE: Comment by moleskine"
Member since:2005-07-08
Member since:
2005-11-05
Ruiz hasn't been entirely removed. He is still on the board as executive chairman. And as AMD's former number two, Meyer must have been at least as involved as Ruiz in setting the company's path over the past few years. So this smacks of a board circling the wagons against predators and bankers rather than a company with the confidence to make a fresh start with fresh blood - or a board closing ranks because they're sitting on a nearly done deal we don't know about. Considering the scale of AMD's losses at the moment and the lack of any clear AMD Intel-beater on the horizon, one wonders how much worse things have to get.