CEO Watch - Hector Ruiz, CEO AMD, Update 4

AMD's CEO, Hector Ruiz, continues to remain firmly in place at the top of the company despite his continuing weak management (see previous blogs). Todays' Seeking Alpha contained a piece by Mark Millman, entitled AMD: A Dog Chasing its Tail. Millman posited,

AMD (AMD) continued to disappoint investors in the forth quarter, losing $1.77 billion in that single quarter. AMD's problem stems from its management team's inability to differentiate the company in the microprocessor marketplace - both mainstream and embedded microprocessors. Their inability to forecast and manage product run rates will plague the company with continued poor financial performance. They cannot spend themselves to health with acquisitions without executing on the vision that the acquisition brings. They have yet to utilize the value that ATI brings to AMD.

While Millman never specifically focused on Ruiz, maybe he should have. I still believe Ruiz's tenure should come to end.

Continue to keep a close eye on the company.