Management Turnover as Change Agent

Friday, December 14, 2007

CEO Watch - AMD, Hector Ruiz, Update 2

As AMD continues to decline while Intel's soars, AMD's board continues to keep its collective head in the sand. They recently agreed to raise Ruiz's compensation. Living in denial can only go on for so long. Even Ruiz himself admits AMD has failed in its contest with Intel. Ruiz was quoted in a recent analysts meeting where he stated,
"We blew it and we're very humbled by it and we learned from it and we're not going to do it again."
I continue to keep Ruiz on the top of my CEO Watch list. For more on Ruiz's latest compensation increase check out PC Advisor.

For more:

Ars Technica
Huffington Post
EE Times
XBit Labs

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