AMD reportedly approached Mark Hurd, ex-HP CEO and current Oracle president, and Pat Gelsinger, who left Intel for EMC, to become its new CEO. Both Hurd and Gelsinger rejected the overtures.
Former Hewlett-Packard CEO and current Oracle President Mark Hurd and Pat
Gelsinger, a longtime Intel executive and current EMC
COO, reportedly are among the people who
have turned down Advanced Micro Devices' overtures to fill its vacant CEO slot.
to a Bloomberg
June 15, Hurd, Gelsinger and Greg Summe, manager director of
investment firm Carlyle Group, were all approached by AMD
officials to gauge their interest in running the chip-making company, which has
been without a permanent CEO since Dirk
in January following a falling out with the board of
Thomas Seifert has been the interim CEO since Meyer's resignation, but has
already said he doesn't want the CEO job.
anonymous "people familiar with the search," Bloomberg reported that Hurd,
Gelsinger and Summe all opted out of consideration for the post. Gelsinger
who was with AMD rival Intel for close to
three decades before leaving for EMC in
2009, told Bloomberg in an interview that he flatly turned down AMD's
said no, and I said no again," he said.
for Oracle and Carlyle Group both declined comment. Hurd resigned under
pressure as HP CEO in August 2010 after a former HP contractor accused him of
sexual harassment and an internal investigation claimed he falsified expense
reports. A month later, Oracle
Chairman Bruce Claflin is heading up the group looking for a new CEO. Seifert
reportedly said during a conference in May that the search committee was making
"good progress" in the search, which is being helped by recruitment firm
Heiddrick & Struggles.
nearly three-year tenure as AMD CEO abruptly
ended in January, when the company announced his resignation after continue
disagreements with the board of directors over the direction of the world's
second-largest chip vendor. The timing was surprising, coming on the heels of AMD's
launch of its initial Fusion APUs (accelerated processing units) at the 2011
Consumer Electronics Show.
oversaw AMD's shedding of its manufacturing
business-spinning it off to create Globalfoundries-and the launch of the Fusion
line of chips, which offer discrete-level graphics, memory controller and CPU
on a single piece of silicon. However, delays in the Fusion launch enabled
Intel to come out with its "Sandy Bridge"
chip architecture, which also includes integrated graphics.
addition, Meyer-unlike Intel CEO Paul Otellini-was not anxious to jump into the
burgeoning tablet and smartphone markets, instead saying he preferred to wait
for the markets to mature before jumping in. Many analysts said they believe
such reluctance to address the mobile device chip space-which currently is
dominated by ARM-designed products-was a key
factor in the AMD board's dissatisfaction.
a month after Meyer resigned, Seifert said AMD
would make a push into the tablet market
, though he said the company would
forego the smartphone space for the time being.
have no intention of entering the smartphone space at this point of time,"
Seifert said during a conference Feb. 16. "There are enough players in this
market that have a hard time earning money."
next CEO will have to determine AMD's
direction in an increasingly competitive processor space. AMD
holds less than 19 percent of the world's overall chip market, and it currently
is running behind rival Intel in the race to challenge ARM
and its partners-including Texas Instruments, Qualcomm, Nvidia and Samsung-in
the mobile device arena.
company is still making strides in its traditional PC and server businesses-the
company on June 14 launched its Fusion
APUs for mainstream desktop and notebook PCs,
and its prepping the release of its "Interlagos" 16-core Opteron chips, based
on the "Bulldozer" core architecture. But revenue growth in the PC
space-particularly among consumers-is slowing, and the mobile device space
holds promise of strong returns. Analysts predict that as many as 294 million
tablets and 850 million smartphones will be sold in 2015.