Management Turnover as Change Agent

Thursday, November 15, 2007

CEO Watch - Hector Ruiz, AMD

Hector Ruiz the CEO of AMD, the also ran chip manufacturer, was highlighted today in piece by Alexsei Oreskovic of TheStreet.com. As the company continues to languish in comparison to its main competitor Intel, Ruiz's position is beginning to look at risk. Here is some of what Oreskovic wrote:
With AMD's financial performance and share price slumping, talk of a management change is in the air.

Speculation has been heightened by recent events, including the exit of investor relations head Mike Hasse, and the September departure of sales chief Henri Richard.

Last week, President Dirk Meyer was appointed to the company's board.
All potential steps to a management shakeup at the very top. We will just have to stay tuned.

For more:

HotHardware
Daily Tech
CBR
24/7 wall Street
Bloomberg
Newsfactor

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