Today's Hard|Forum Post
Today's Hard|Forum Post

Monday September 17, 2012

AMD Loses Respected CFO

According to the Associated Press, AMD's Chief Financial Officer Thomas Seifert is leaving the company. Devinder Kumar, senior VP and corporate controller, will serve as CFO until a replacement is found.

Advanced Micro Devices Inc said Chief Financial Officer Thomas Seifert was leaving the struggling personal computer chipmaker to pursue other opportunities, sending its shares down almost 12 percent. After filling in as AMD's temporary CEO through August last year, Seifert now wants to find a permanent CEO position, a source close to the company said.

Press Release