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AMD announce Q2 revenue, appoint new CEO

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Posted July 18, 2008 by admin in Industry

Meyer, 46, joined AMD in 1995 and made his mark as part of the design team responsible for the original AMD Athlon? processor, a breakthrough product for AMD and the industry?s first processor to break the 1GHz barrier. From 2001 to 2006, Meyer led the company?s microprocessor business, overseeing related R&D, manufacturing, operations, and marketing. His leadership skills during these five years resulted in a doubling of revenue for the microprocessor business and a substantial expansion of AMD?s global profile. In 2006, Meyer was appointed president and COO, and in 2007, he was elected to AMD?s board of directors.

?I?m tremendously excited by the opportunities ahead for AMD. As the only company that possesses expertise and leadership in both x86 microprocessor and graphics technology, AMD has a unique capability to drive the next wave of innovation through the integration of computing and graphics processors to deliver a better computing experience,? said Meyer, president and chief executive officer, AMD. ?We are in the midst of re-shaping AMD?s business model with the goal of delivering sustained profitability through a focus on the core technologies that differentiate AMD. My immediate priority is to work with the leadership team to accelerate this transformation. I appreciate the trust that the Board and Hector have placed in me. During the years that I?ve worked under Hector, he has been an excellent leader, mentor and friend.?



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