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Tuesday, 18 September 2012 09:39

AMD loses CFO Thomas Seifert

Written by Fudzilla staff

Shares take a hit

AMD has lost another high-profile executive. The company announced that Chief Financial Officer Thomas Seifert is leaving to pursue other opportunities.

A source close to Reuters claims that Seifert is looking for a permanent CEO position and with his credentials he shouldn’t have much trouble finding one.

Analysts see Seifert’s departure as a source of concern because he has more experience with AMD than other top execs.

News of Seifert’s departure sent AMD shares down almost 12 percent late Monday.

More here.

Fudzilla staff

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