AMD CEO Rory Read steps down effective immediately

By Shawn Knight
Oct 8, 2014
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  1. AMD CEO Rory Read has stepped down from his role as chief executive, president and board member, effective immediate. He is being replaced by chief operating officer Dr. Lisa Su who will also serve as company president and take his...

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  2. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 8,430   +2,822

    No wonder AMD has been so quiet, Read knew he was a temp in the board's transition plans all along. There was no need in AMD making noise until the transition was over with.
  3. EEatGDL

    EEatGDL TS Maniac Posts: 475   +153

    I wish them the best, we need its comeback.
  4. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,258

    The explanation doesn't really gel. If Rory was a stop-gap, then that would have been addressed, or at least intimated at the last financial quarter's CC at least. The bolt from the blue just cratered AMD's share price - can't see that as a planned positive move.
    Likewise, if he was a seat warmer, why make him president of the company? And why would he suddenly relinquish his directors position? Surely, whatever made him important enough to be a board director (not to mention CEO and President) hasn't diminished if he's just stepped aside. You don't need to be an employee to be a director.
  5. I wonder if he took his makeup artist with him.
  6. ddg4005

    ddg4005 TS Guru Posts: 361   +49

    What's going on at AMD? This is too sudden.
  7. ikesmasher

    ikesmasher TS Evangelist Posts: 2,531   +836

    Im hoping AMD is just biding its time and making a HELL of a new x86 desktop experience to kick intel back a ways.
  8. GhostRyder

    GhostRyder You know, that one guy with the PC Posts: 2,189   +589

    In all honesty this is going to be an interesting turn of events. Based on Su's experience and background it could be a good deal if she can push things forward. Though I hope some of the directions with AMD graphics do not change as I think some of the recent decisions are going to bring them forward.
  9. wiyosaya

    wiyosaya TS Maniac Posts: 939   +244

    Maybe, just maybe, AMD realizes that it needs to serve its customers rather than a market. Personally, I do not see how it can essentially ignore the enthusiast market like it has been since Reed stepped in.

    That said, her PhD is in electrical engineering - at least according to wikipedia -

    Maybe, just maybe that is a good sign.

    Business wonks simply cannot understand technology. All they seem to understand, from my viewpoint at least, is the bottom line. I am not saying the bottom line is unimportant, but I think if one were to look at what makes companies successful, innovation would be among the top qualities.
  10. Really hope they move back into the real gaming realm. We use discrete GPU's, APU's are great for laptops but again thats usually only for social gatherings and backups for PC gamers. They still make great graphics cards for desktops, but leaving the CPU only world for less efficient APU solutions in high end gaming PC's seems backwards to me.
  11. money

    money TS Enthusiast Posts: 44

    Is that a man or a woman in the pic?
  12. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 8,430   +2,822

    Sad when a woman is no longer recognized as a woman, when dressed professionally. What difference does it make whether man or woman, where this topic is concerned?
    dividebyzero likes this.
  13. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,258

    Be careful posing questions like that. The captain might pop in and answer it with an exhaustive critique of her visual qualities and an impromptu comparison with Grace Park ;)
  14. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 8,430   +2,822

    Grace Park must be known for taking her cloths off. So now where this topic is concerned, we need a Playboy model as the new CEO of AMD.
  15. Darth Shiv

    Darth Shiv TS Evangelist Posts: 1,604   +370

  16. Mikymjr

    Mikymjr TS Enthusiast Posts: 121   +8

    Yes I thought I saw a woman. But then I saw the headline Rory Read so it confused me. But yes that is Dr. Lisa Su in the picture. Let's see what she has in store, as the new CEO at AMD ^^
  17. tipstir

    tipstir TS Ambassador Posts: 2,383   +105

    I only two systems with APU Tech, they're not so bad. If this CEO want's to step down, I'll step up and fill his shoes at AMD! Yes!

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