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AMD has a new CEO

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Rory Read
President and Chief Executive Officer, AMD

Rory Read is president and chief executive officer of AMD and also serves on the company’s board of directors. Prior to joining AMD in August 2011, Read served as president and chief operating officer of Lenovo Group, Ltd. He previously spent 23 years at IBM serving in various global leadership roles.

Read’s five year tenure at Lenovo featured an extensive track record of growth, transformation and innovation. Read led the company through a substantial business turnaround, marked by market share gains and revenue growth. Read also led Lenovo’s entry into the tablet and smartphone markets. At the time of Read’s departure, Lenovo had just marked the 7th straight quarter as the fastest growing PC maker in the world and had become the world’s third largest global PC manufacturer.

While at IBM, Read consistently drove revenue growth while significantly improving the operating profitability for the groups under his management. As Managing Partner for IBM’s Business Consulting Services Industrial Sector, Read led the division through a turnaround that significantly improved gross margins, drove new customer acquisitions and generated double digit revenue growth and operating profitability.

Read graduated Magna Cum Laude with a bachelor’s degree in Information Systems from Hartwick College. He will relocate to Austin, Texas with his wife, Mary.

http://www.amd.com/us/aboutamd/corporate-information/executives/Pages/rory-read.aspx
 
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