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Tuesday, 11 January 2011 01:02

Dirk Meyer leaves AMD

Written by Fuad Abazovic
amd

Thomas Seifert is the new temp CEO
Dirk Meyer has left AMD and the decision seems to be mutual. Thomas Seifert,the company's senior vice president and chief financial officer, will succeed him until AMD finds a permanent replacement.

This is a great shocker as Dirk did quite a good job, probably much better than Hector Ruiz, but now its all over.

Dirk did some good things for AMD and let's hope that his successor can get AMD out of trouble.

To make things a bit more interesting, all this happens the very same day Nvidia announces a $1.5 billion cross licencing deal with Intel, its long term legal chipset settlement.

More here and here.

 



Last modified on Tuesday, 11 January 2011 10:21
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Comments  

 
0 #1 inaphasia 2011-01-11 01:26
Fuad, if your gonna write an article at 1 in the mornin'... Oh OK, no spoilers!

(But that can of whoopass came out of nowhere!)
 
 
-5 #2 inaphasia 2011-01-11 01:43
I see now... Pete was writing it!:)
 
 
+35 #3 JAB Creations 2011-01-11 02:18
Dirk did get AMD out of a mess in two ways...

He earned loyalty by not forcing intelligent people to throw out perfectly good working parts while Intel told everyone that they need a new motherboard and a CPU for every upgrade, even if it's off by a single pin....and Dirk did this without Intel's war-chest.

Dirk helped get Fusion on track and we know that it's going to kick serious ass.

[UPDATE] It was intentional by board directors to get rid of him, your linkage: http://online.wsj.com/article/SB10001424052748703779704576074290806361636.html
 
 
+4 #4 East17 2011-01-11 02:29
Why do I have the feeling that AMD is doomed ? :(

This totally sucks! And what's there for Dirk?
 
 
+32 #5 nt300 2011-01-11 02:49
Dirk Meyer was the brains of Bulldozer along with many other stuff, this is a SAD SAD day for AMD. Dirk Meyer was 100% better then that clown Hector Ruiz which almost ran AMD into the ground.
 
 
-5 #6 Bl0bb3r 2011-01-11 02:51
Looking at leaders in general, I find it that when things get better it's much more because of luck than the actual man that stood as the leader. Of course, things aren't revered, when a company goes down under it's because the fool in charge made wrong decisions. Period.

@JAB, not that I disagree with you or that I'm siding with intel, Dirk was good, but the decision to force people to buy complete platforms is kinda lucrative... and we know that in this world, money talks! Oh look, another pocket change from intel... I'm gonna go now and read about it.
 
 
+12 #7 nt300 2011-01-11 02:57
Oh My God, did you guys read the articles, to state it simple, """AMD Canned Dirk Meyer""" He did not leave, they wanted him out., WTF WTF WTF ???
 
 
-6 #8 Bl0bb3r 2011-01-11 03:04
@nt300, whoooow buddy, slow down. For one, the article is written by Fuad, or at least published, and all he cares about is putting AMD in a bad light. Second, if AMD would have canned Disk they would probably have had some replacement right away... not a temp, no one likes a temp working in charge.
 
 
-1 #9 bobrollins 2011-01-11 03:25
Quoting Bl0bb3r:
@nt300, whoooow buddy, slow down. For one, the article is written by Fuad, or at least published, and all he cares about is putting AMD in a bad light. Second, if AMD would have canned Disk they would probably have had some replacement right away... not a temp, no one likes a temp working in charge.



From the first link
Quote:
SAN FRANCISCO (AP) -- Advanced Micro Devices Inc. forced out its CEO Dirk Meyer on Monday


AP says he was forced out, the other link(AMD) says it was a "Mutual Agreement with board of directors"
 
 
-17 #10 Warrior24_7 2011-01-11 05:54
Well, if you're gonna jump ship its always best to do it when its sinking! :D
 

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