AMD, Seagate Shuffle Execs
AMD and Seagate both restructure their executive offices.Advanced Micro Devices Inc. and Seagate Technology LLC made unrelated management moves late Thursday and early Friday, restructuring their executive offices. Seagate replaced Steve Luczo as chief executive, shifting Luczo to his existing role as chairman of the Scotts Valley, Calif., disk-drive maker. Bill Watkins, currently Seagates president and chief operating officer and head of its disk-drive operations, will assume his new role as president and CEO beginning July 3. As expected, AMD President and CEO Hector Ruiz, meanwhile assumed the position of chairman, replacing company founder W.J. "Jerry" Sanders III. AMD preannounced the move in February.
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