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AMD still hunting for a CEO, four executives turn offer down

Discussion in 'TechSpot News and Comments' started by Emil, Jun 17, 2011.

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  1. ddg4005 TechSpot Enthusiast Posts: 126

    This isn't good. Why would four candidates turn down the offer? Maybe they know something we don't know.
  2. dividebyzero trainee n00b Posts: 4,106   +203

    The problem is likely that the candidates know what we know.
    The new (assuming they don't become a CEO-less company) CEO is going to a figurehead- a wind-up toy (or chip implanted?) that is there to be both the public face of AMD's primary investors vision, and the fall-guy if things don't pan out.

    Does anyone think it a co-incidence that both AMD and Globalfoundries have both axed their CEO's, and that their Abu Dhabi owner/investor has started installing their own people ?
    Maybe the candidates aren't happy at the thought of being the interim CEO until the arabian peninsula boys finally acquire full control of AMD....which admittedly would only be likely if AMD's share price dropped considerably.

    BTW: Has anyone noticed that while AMD has just released two "game changing" (their words not mine) platforms in Zacate/Ontario/Brazos and Llano/Sabine/Lynx, and due to release their next CPU architecture (Bulldozer)...that their share value is falling since the announcements ?

    Probably just co-incidence..............
  3. princeton TechSpot Addict Posts: 1,715

    They know that AMD is falling behind. There's no reason to buy an AMD cpu anymore because intels next gen Core i series beats them out in pretty much every segment.