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AMD CEO Dirk Meyer resigns

angry tapir (1463043) writes | more than 3 years ago

AMD 0

angry tapir writes "Advanced Micro Devices has announced that Dirk Meyer has resigned from the post of CEO, and that the company is beginning to search for a new chief executive. Meyer resigned in a mutual agreement with the board of directors, and the company has appointed Thomas Seifert, the company's chief financial officer, as the interim CEO. Meyer was installed as CEO in 2008 as a replacement to Hector Ruiz, just as the company was making its way out of rough financial times. In October, AMD posted a third-quarter net loss of US$118 million."
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