Wednesday, October 8th 2014
AMD Appoints Dr. Lisa Su as President and Chief Executive Officer
AMD today announced that its board of directors has appointed Dr. Lisa Su as president and chief executive officer and member of the board of directors, effective immediately. Dr. Su, 44, succeeds Rory Read, 52, who has stepped down as president and chief executive officer, and member of the board of directors, as part of a transition plan. Read will support the transition in an advisory role, remaining with the company through the end of 2014.
"Leadership succession planning has been a joint effort between Rory and the board and we felt that Lisa's expertise and proven leadership in the global semiconductor industry make this an ideal time for her to lead the company," said Bruce Claflin, chairman of AMD's board of directors. "The board looks forward to continuing to work with Lisa and the rest of the senior management team to build on the company's momentum. I would also like to thank Rory for his many accomplishments and contributions positioning AMD for long-term success by helping to create a strong foundation and clear path to re-establish the company's growth and profitability."Commenting on her appointment, Dr. Su said, "I am deeply honored to have this opportunity to lead AMD during this important time of transformation. Our world-class technology assets combined with the incredible talent and passion of the AMD team provide us with a unique opportunity to shape the future of computing. I look forward to expanding on the strong foundation we have built under Rory's leadership as we develop industry-leading technologies and products for a diverse set of markets to drive sustainable and profitable growth."
During the last three years, AMD has made significant progress in financial and operational performance. The company returned to non-GAAP profitability and materially diversified its business. Since 2012, AMD has reduced operating expenditures by approximately 30 percent and maintained cash at near an optimal level of $1 billion. AMD also improved its balance sheet by re-profiling its debt with no significant debt coming due until 2019.
Read stated, "I am grateful to have had the opportunity to lead such a talented team and proud of what we have accomplished during such an important chapter in the company's history. Together, we have established the right strategy to enable AMD to continue to grow and transform. I am confident that Lisa is the right leader to drive AMD forward."
"Leadership succession planning has been a joint effort between Rory and the board and we felt that Lisa's expertise and proven leadership in the global semiconductor industry make this an ideal time for her to lead the company," said Bruce Claflin, chairman of AMD's board of directors. "The board looks forward to continuing to work with Lisa and the rest of the senior management team to build on the company's momentum. I would also like to thank Rory for his many accomplishments and contributions positioning AMD for long-term success by helping to create a strong foundation and clear path to re-establish the company's growth and profitability."Commenting on her appointment, Dr. Su said, "I am deeply honored to have this opportunity to lead AMD during this important time of transformation. Our world-class technology assets combined with the incredible talent and passion of the AMD team provide us with a unique opportunity to shape the future of computing. I look forward to expanding on the strong foundation we have built under Rory's leadership as we develop industry-leading technologies and products for a diverse set of markets to drive sustainable and profitable growth."
During the last three years, AMD has made significant progress in financial and operational performance. The company returned to non-GAAP profitability and materially diversified its business. Since 2012, AMD has reduced operating expenditures by approximately 30 percent and maintained cash at near an optimal level of $1 billion. AMD also improved its balance sheet by re-profiling its debt with no significant debt coming due until 2019.
Read stated, "I am grateful to have had the opportunity to lead such a talented team and proud of what we have accomplished during such an important chapter in the company's history. Together, we have established the right strategy to enable AMD to continue to grow and transform. I am confident that Lisa is the right leader to drive AMD forward."
84 Comments on AMD Appoints Dr. Lisa Su as President and Chief Executive Officer
Of course that is not the case recently but it still was what started. You have my vote! But just remember the people who voted for you and to send a nice donation of something special. Maybe a few R9 X90X's before they come out :D
I wish her well and hope she cuts the decision making red tape that hurts big companies.
I checked Visual Studio 2005 myself (was out before this lawsuit happened). The IA-64, AMD64, and x86_AMD64 cl.exe contains zero instances of "Intel." All three are copyrighted by Microsoft.
Makes it hard to compete when you get a no before you even knock on the door right?
AMD's claim that vendors wouldn't consider their products was true. Intel was fined in the USA and EU for it.
Now everything from hard drives to SSDs, to optical disks have 1 GB = 1,000,000,000 bytes on the label. Well, duh! It's Microsoft's fault and Microsoft, to this day, still does 1,073,741,824 = 1 "GB." Virtually all other operating systems correctly label that as "GiB."
If it was just about optimizing, this conversation would not exist because that's just a normal thing I would expect.
As early as 1998-99 the forums were awash with complaints of channel supply issues. By 2001-02 it was a regular topicamongst industry investors. By 2003-04it was front page news. Intel paid Dell to keep its machines Intel-only, but Hewlett-Packard (the second largest OEM at the time) were an AMD customer and AMD couldn't adhere to the shipping schedule for them.....so what happens, Dell do an about-face when SledgeHammer Athlon64 arrives and sign up for Opteron (and a few months later for consumer Athlon64) - AMD diverts its production to Dell to keep them sweet....Dell goes into a tailspin, and Hewlett-Packard now snubbed by AMD and supply constrained with AMD parts, increases its buy from Intel and becomes the world's largest OEM by sales and revenue both in the server and consumer space.
The only thing that even comes close to demanding is 4k gaming. The majority of the market is on 1080p or less and yet NO GAME seems to push the limits even that "low". I'm not mad at any of the hardware makers anymore. I'm pissed at game developers not pushing the current hardware. If the damn game companies would start pushing the hardware we might see some innovation. Sad thing is the hardware segment is so lopsided and the gaming industry sucks, gaming feels stagnate IMO.
Games like Star Citizen are all I've seen that MIGHT bring the pain to our current hardware. But one game is hardly a reason to build a new system.......meh broken record rant over.
Oh, and Star Citizen runs on CryEngine 3. There's going to be a lot of games coming in the next few years that have similar hardware requirements.
I would love to see AMD be competitive but with each passing year, that seems less likely. :(
If your scenario comes to pass - and to a degree it has- CPUs and GPUs made in the last few years are already more than capable of running 99% of gaming scenarios. What happens if the consumers take a deep breath and assess the situation and realize the emperor has no clothes? A large percentage of the enthusiast community already realize this, but they are more often than not the first to climb aboard the new product train - and in the case of graphics might compound that irony by buying a second, third, and maybe fourth card. Like it or not, the IHV's feed the obsession, but like local meth heads, we are eager participants.
Now, from a personal PoV, I can put up with the psychology of consumerism and even come to terms with being a techno-crack whore - what does my head in is that all the expense of hardware is being channelled into games that have all the creativity and gameplay innovation you'd expect from a team of B-movie sequel screenwriters.
I am with you as I wish some games would really push some limits but I guess we are going to be stuck with game limits on top of poor optimizations that make cards seem pitiful.
Here's a good one- be sure to purr your appreciation to Roy's twitter feed: As for being paid by Nvidia...why would they have to pay anyone? With supporters like you cheerleading for AMD they don't really need to.
Keep taking those shots pal - you know you're awesome
Given Roy's foot-in-mouth condition I'm actually convinced that he still works for Nvidia as a fifth columnist at AMD. Pretty cool for him that he's got AMD fanboys defending him when not so long ago he was telling everyone nobody cares about AMD and ATI.
Anyway back to topic: As i said you are doing far worst job than Roy, i never said Roy was doing a good job, its just that he is better paid than you. ;)
Also i never said anything pro about AMD, yet you called me Cheerleader. Remember if anyone digs your comments the picture will be far clear of how you roll on each and every forum... Heh, you do understand how proxy marketing works right ? Companies like Nvidia, AMD, Intel, SAMSUNG etc have paid shills who would post just like us but postive stuff about their employer companies...
So far you've adding nothing to the thread topic, and the sum total of your contribution is to hand out personal insults. I'm guessing you won't be changing anytime soon. The fact that you feel the need to post insults in a public forum rather than via PM must stem from some deep seated need to impress someone. Hope that works out for you - I'll have to find out second-hand since I just added you to my ignore list. So Roy isn't doing a good job, but don't agree with me that he should quit AMD. Classic.
Oh and btw so far i might have added a little to this thread but I was still able to share valuable inform to everyone to take your comments with a pinch of salt, cause all you have been doing is spreading crap about AMD across all forums and cashing undeserved cheques from Nvidia.
Don't trust me, just search on google for this dude's comment.
EDIT: I just saw your recent edits - Dude why do i give a f**K if Roy should get fired or not. The hot debate here is that - you just put me on the ignore list because you can't prove anyone that you are not a paid shill. I am surprised that you have been rolling here since 3 years and no one noticed it.