AMD executives leaving the ship

Posted on Monday, Sep 03 2007 @ 17:28 CEST by Thomas De Maesschalck
While the launch of AMD's new K10 chips is coming closer and closer the firm is losing more and more of its executives. Some sites even call the amount of execs fleeing the company for "personal reasons" alarming. X-bit Labs reports:
On the last day of Summer several media outlets reported that Rick Hegberg will also resign from AMD shortly. Mr. Hegberg came to AMD from ATI Technologies, where he has been serving as senior vice president of world wide sales since 2003. The executive was responsible for the overall management of ATI’s world wide sales organization, as well as for achieving the company’s global sales revenue and customer satisfaction objectives among large customers and partners.

The resignation of Henri Richard and Rick Hegberg comes one month after former ATI chief executive David Orton left the company in July, weeks after Chris Evenden, the former public relations chief at ATI, stepped down.

David Orton, is among numerous of ex-ATI executives as well as specialists, who have left Advanced Micro Devices in the recent quarters. Richard R. Heye, a vice president of ATI, left AMD late last year, ironically, just three years after he left AMD for ATI; Paul Dal Santo also left AMD as it absorbed ATI; whereas Peter Edinger, another vice president of ATI, departed from AMD early this year. In addition, a number of public relations persons have left AMD since the two companies became one.

According to official statements, all the leaving AMD employees resign “because of the personal reasons” and it is a natural process since “people come and go”. However, there are no such huge flee of personnel from companies like Intel Corp. and Nvidia. For example, Intel laid off one thousand of managers last year as a part of its overall officially announced workforce reduction initiative, but the only person among the top managers to face changes was marketing chief Eric Kim, who became the chief of digital home group.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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