AMD Loses 3 Execs, Including Head of PC Chips
AMD, the world's No. 2 chip maker behind Intel, says its chief marketing and chief strategy officers also are leaving in the latest shakeup.Executive shifts are continuing at Advanced Micro Devices, with three executives—including John Byrne, who was in charge of the company's compute and graphics unit—leaving the company. AMD, the world's second-largest PC chip maker after Intel, announced the changes Jan. 12. Byrne, who had been senior vice president and general manager of the company's Computing and Graphics Business Group since June 2014, will stay with AMD until March 31 to help with the transition. The company said he is leaving to "pursue other opportunities." AMD President and CEO Lisa Su will assume Byrne's duties until a replacement is found. Also leaving the company are Chief Marketing Officer Colette LaForce and Raj Naik, chief strategy officer. Both had been with AMD since 2012.
The executive changes are the latest at the company over the past year. Last June, AMD restructured its business units and shuffled some officials, including Su—a former Freescale and IBM official who joined AMD in 2012 and had been in charge of the company's Global Business Units. Su became chief operating officer, giving her greater authority over the company's directions. It was during the same restructuring that Byrne—an eight-year veteran of AMD who had been chief sales officer—was promoted to his position overseeing the compute and graphic business.