AMD 8-K filings recently submitted show that because of the requirement of business development, the company will continue to adjust senior management, including the president of computing and graphics John Byrne, Chief Marketing Officer Colette LaForce and Chief strategy Officer Raj Naik, this three executives will leave, which is AMD after the appointment of Lisa Su as the company’s CEO another round of major senior restructuring.
In the three outgoing executives, the most notable was undoubtedly John Byrne, he was just promoted from sales director to senior vice president and president of computing and graphics seven months ago, however, Byrne said he chose to leave AMD is to seek new development opportunities, while AMD has also said that the company will be looking for a new president from outside for the future, before this Suzi Feng will serve as interim president of the division.
The Second will be leaving executives Colette • Laves joined AMD in 2012 as chief marketing officer, she was Dell’s chief marketing officer before, but AMD did not disclose terms of more details about Colette leaves message, but also did not appoint an interim chief marketing officer. The third will be leaving to AMD executives Raj Naik as chief strategy officer in 2012, AMD also did not disclose more details about the news of his departure.
after announcing these lists resignation, AMD also issued a brief statement: “These management changes and on the quarter Forrest Norrod and James Clifford join to us, the company’s management is committed to optimizing the organizational structure and leadership team and make the change, which will further strengthen the implementation of the company, in order to strive for greater development space for AMD.”
Whether AMD’s current round of high-level reorganization is the company conducted “cleansing campaign” is unknown since Lisa Su as CEO, but this change for the current AMD is still very necessary. 2014 was a difficult year for AMD, which frequently lost in competition with Intel, most PC chip shared by competitors, while the company’s overall profits are falling. AMD will release the fourth quarter of 2014 earnings on the 20th of this month, will be expected to announce more strategic adjustment and development planning related information.