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View Full Version : AMD CEO steps down



Dalo Harkin
18-07-2008, 09:49 AM
AMD has been faltering for quite a while now, and though recently the Radeon HD series has made a bit of a bang, times have still been tough. The purchase of ATI set them back seriously in financial terms, and the continued losses to Intel in the CPU market hasn't been any help. As a result, the CEO of AMD has opted to “take responsibility” for the decline of the tech giant and is stepping down.

Dalo Harkin
18-07-2008, 09:53 AM
Mwha ha ha - my predictions are coming true.........

http://www.freepchelp.co.uk/forum/fpch-polls/2549-favorite-manufacturer-vote-now.html#post15939

Wolfeymole
18-07-2008, 09:53 AM
With a fat Golden Handshake I have no doubt.

Dalo Harkin
18-07-2008, 09:58 AM
Wolfey did you not read lol - they have no money lol

I would be more interested in where he goes to - VIA anyone??

Wolfeymole
18-07-2008, 10:03 AM
But he's not actually leaving though is he?

Extract from Daily Tech

"Today, AMD CEO Hector Ruiz stepped down from his position with the company (http://seattlepi.nwsource.com/business/1700ap_amd_ceo.html?source=rss). Ruiz joined the company in January 2000 and became CEO in April 2002. Ruiz will be replaced by the current Number 2 in charge, Dirk Meyer. Ruiz will stay on as the executive chairman of AMD's Board of Directors."

They are just shuffling the pack and saying let's see what Meyer can do.

I doubt Ruiz will be working now for an Egg sandwich and his bus fare home do you?

Dalo Harkin
18-07-2008, 10:28 AM
Hmm - sounds very 'hush, hush' to me, he may well stay on the board of directors, but how much input will he be giving ;)
as for the egg sandwich and bus fair - lol, more like caviar and bentleys ;)