AMD exec shakeup after CEO departure
By Dean • Feb 10th, 2011 • Category: Industry News
- Photo: shawe_ewahs / Flickr
It’s rare anything worth note happens in the otherwise straightforward micro-processing chip industry. Outside of ARM’s fascinating battle with Intel, and the occasional new hardware release, these companies rarely make the news for anything that isn’t work-related. Well, AMD has bucked this trend, with news coming out of the company that their CEO’s unexpected departure has sparked an executive exodus at the company.
Two top players leave
Reuters reports that two top executives were leaving AMD on the heels of the board’s ‘unexpected removal of the chipmaker’s CEO last month.’ Bob Rivet, who is the Chief Operating and Administrative Officer, and Marty Seyer, who is the Senior Vice President of Corporate Strategy, are stepping down. They will remain with the company briefly to assist with transitions, reported an AMD email, but this is a major blow however you look at it.
Fragile leadership
These two departures, coupled with the abrupt departure of Dirk Meyer, the former AMD CEO, will leave the company in something of a leadership vacuum. Meyer’s departure was as a result of the board being concerned that Advanced Micro Devices did not have a clear mobile devices strategy, but it looks like it’s sparked something of a chain reaction.
Undermining yourself
The same Reuters report reiterates the former AMD CEO Meyer’s words to analysts on not pursuing mobile until the market developed more, even though the iPad was clearly showing plenty of momentum. As such, they would remain focused on CPUs for PCs and servers, a space where they would remain competing with the significantly more powerful Intel.
Incidentally, Intel itself is making a play for the mobile market, but it’s facing very stiff competition from ARM Holdings, the current leader in mobile devices processing technology. It’s incredible the widespread effect the fast emerging mobile market is having on the entire PC industry.
Tags for this article: amd, arm, cpu



