Two months after CEO Dirk Meyer resigned, AMD brings on two new executives from HP and Samsung.
Advanced Micro Devices is continuing to remake its executive lineup, even as
it looks for a permanent CEO to replace the departed
chip maker announced March 24 that Ronaldo Miranda, a former executive with
Samsung, will be AMD's vice president and
general manager of the Latin America region. Miranda,
who had been Samsung's vice president for IT in Brazil
before coming to AMD and earlier in his
career had spent 10 years with larger rival Intel, will oversee AMD's
operations in Brazil,
and Central America and the Caribbean
is replacing Hans Erickson, who now is vice president of AMD's
Worldwide Business group.
appointment comes three days after AMD
announced the hiring of Mike Wolfe as the company's CIO. Wolfe, a 30-year
veteran in the IT industry, came over from Hewlett-Packard, where he spent five
years as vice president of IT for product development engineering.
has effectively led IT transformations constantly focusing on reducing
operating costs and significantly improving business innovation," Thomas
Seifert, AMD's senior vice president, CFO
and interim CEO, said in a statement when announcing Wolfe's hiring. "His
considerable talent and experience will help AMD
to continue strengthening our IT infrastructure and streamline our business
based on our own products and platforms."
continues to shuffle its executive ranks in the wake of Meyer's resignation in
January following a disagreement with the company's board of directors over the
direction of the company. Meyer had spent two years running AMD,
which is a distant No. 2 in the worldwide processor market, which is dominated
by Intel. According to analyst accounts, AMD
has less than 19 percent of the market; Intel more than 80 percent.
resignation came as a surprise after what some analysts saw as a strong showing
by AMD at the 2011 Consumer Electronics
Show, particularly in rolling out the first of its Fusion APUs (accelerated
processing units). However, reports emerged that said that some board members
felt AMD was not being aggressive enough in
such areas as the server market, where the company has lost share in recent
years, and the burgeoning tablet PC space.
was named interim CEO, and then immediately took his name out of contention for
the permanent CEO job.
month after Meyer's departure, AMD announced
two more executives were leaving
. Robert Rivet, AMD's chief
operations and administrative officer, and Marty Seyer, senior vice president
of corporate strategy and the company face for many of its products, both
resigned, according to a statement put out by AMD.
are leaving to pursue new opportunities and are expected to remain through a
brief interim period to help ensure seamless transitions," AMD
spokesperson Michael Silverman said in an email at the time.
responsibilities were given to John Docherty, senior vice president of
manufacturing operations, who is in charge of all aspects of AMD's
manufacturing process. Harry Wolin, senior vice president, general counsel and
secretary for AMD, will oversee the
company's corporate strategy unit, the company said.