Chip manufacturer AMD has hired former Lenovo president and chief operating officer Rory Read as the company’s new chief executive.
“Rory is a proven leader with an impressive record of driving profitable growth,” said AMD chairman Bruce Claflin.
“He is ideally suited to accelerate AMD’s evolution into the world’s leading semiconductor design company. As president and COO of Lenovo he helped take the company into dynamic new markets while growing market share and expanding profitability. His sound strategic thinking and natural customer orientation will help amplify the voice of the customer inside AMD.”
Former interim chief executive Thomas Seifert will continue to serve as chief financial officer.
ABOUT THE AUTHOR
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
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