Dirk Meyer out as AMD CEO

[chrisk]

CEO of AMD quits company - The Globe and Mail

AMD describes the resignation of CEO Dirk Meyer, 49, as “mutual” and effective immediately....
But AMD says the board believes it has an opportunity to create increased shareholder value.
The company says the chip-maker will need significant growth and a change in leadership to accomplish that.

Interesting. AMD suggests that they need a change in leadership in order to increase 'shareholder value'. This sounds like there is some bad news coming (ie. a quarterly loss, product launch issue, etc)

I dunno why this has me worried. Anyone with knowledge of AMD's business able to share some light on this?

[_dangtx_]

the fact that dozer is so late should already be obvious...;)

[vohiep84]

Nope, No AMD knowledge but Nvidia is tearing it up.

HEXUS.sharewatch: NVIDIA goes ballistic on CES announcements :: HEXUS.channel - Essential IT business intelligence

Huge investments going to Nvidia after CES.

[Pansophic]

I wonder what force the boards to give him the boot. I know, since he took office, AMD hasn't had any good/exiciting news. Maybe the quarterly loss contributed to his firing but AMD haven't been consistence the last ~5 years.

[matsta31]

Dozer is a loser ?

[chrisk]

Only news I see on the AMD tech front is a bunch of 28nm stuff.

Dozer is 32nm...no?

[matsta31]

yeah, and according to anandtech Dozer will be a Sandy competitor, not much more. Not bad, but....

[ern88]

He got canned because Dozer is a Fiasco. I bet they are having Development problems.

[terrybear]

He got canned cause like the 1 john forbes associated was quoted as saying on 1 of the other major sites out there & I agree with this .... NEITHER of the last 2 CEO's did anything to make AMD more noticable or standout compared to what intel/nvidia's done to date. The next CEO that they bring in will need to be someone whom will open ALL avenue's to make amd more profitable then its been.

There's been NO leaks of bulldozer having problems ... there was a sample of 1 out back last month & msi's already shown off it's 1 AM3+ motherboard. So, if bulldozer was having problems or not anywhere close to being produced why would a company like msi even bother showing off a board for the platform so early at the CES then ??