July 18, 2008

AMD Loses $1.18 billion and its CEO

Seven is usually considered a lucky number, but not for Hector Ruiz. After seven quarters of red ink, the AMD CEO has resigned his post, turning it over to President and Chief Operating Officer Dirk Meyer, who had long been acknowledged as Hector's successor-in-waiting.

Link: internetnews.com

Category:

  • Business
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