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AMD CEO Dirk Meyer Resigns

Posted by Soulskill on from the quick-exit dept.

angry tapir writes "Advanced Micro Devices has announced that Dirk Meyer has resigned from the post of CEO, and that the company is beginning to search for a new chief executive. Meyer resigned in a mutual agreement with the board of directors, and the company has appointed Thomas Seifert, the company's chief financial officer, as the interim CEO. Meyer was installed as CEO in 2008 as a replacement to Hector Ruiz, just as the company was making its way out of rough financial times. In October, AMD posted a third-quarter net loss of US$118 million."

2 of 123 comments (clear)

  1. Re:Hard call for GPU selection by Anonymous Coward · · Score: 5, Informative

    I'm just getting going on GPU programming. I was thinking to go with OpenCL (pushed by AMD/ATI ) over CUDA (pushed by nVidia) because I thought AMD looked more likely to survive in the long term. But now it's getting harder to tell which company is safer to rely upon.

    OpenCL works on both AMD and nVidia GPUs , so you should be safe there.

  2. Re:Musical chairs by Rockoon · · Score: 5, Informative

    No amount of bribes in the world can account for the fact that Intel's latest processors have been significantly outperforming AMD's for the last few years now.

    Yet AMDs significantly outperformed Intels for quite a few years.. but only managed 50% market share at its height because of Intels illegal (no "questionable" about it) practices.

    --
    "His name was James Damore."