AMD has appointed Rory P. Read, 49, President and Chief Executive Officer of AMD. He has also been appointed to the Company’s board of directors. Read joins AMD from Lenovo Group, where he was most recently President and Chief Operating Officer. Prior to Lenovo, Read spent 23 years at IBM, where he held a broad range of management positions.
Thomas Seifert, who served as interim Chief Executive Officer since January, will return to his role as Senior Vice President, Chief Financial Officer. Claflin, named Executive Chairman of the Board when he assumed additional responsibilities specific to AMD’s search for a new CEO, returns to his role as AMD’s Chairman of the Board.
