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Brightstar Hires Former AMD CEO/CFO Thomas Seifert as CFO

By - Source: Brightstar | B 4 comments

Thomas Seifert, formerly CFO and interim CEO at AMD, has found a new home.

Brightstar, a solution provider for the wireless industry, said it has hired Seifert as its new CFO, where he replaces Dennios Strand, who was promoted to president of the company. Brightstar said that it it will leverage Seifert's experience as it is growing as it is offering "a full suite of services including handset protection and insurance, multi-channel retail solutions, device buy-back and trade-in, and financial services".

The company claims to have more than 200 wireless operators among its customers, more than 100 manufacturers, and more than 30,000 retailers. It provides its services in more than 115 countries.

"We are excited to have Mr. Seifert join us and lead our finance team, as he has a proven track record of leading successful financial strategies for growing global technology companies like ours," said Brightstar CEO Marcelo Claure. "His background and experience with an established multibillion dollar organization are a great fit for Brightstar and will be a plus as we continue to expand our reach into the wireless ecosystem, seeing and filling gaps in the marketplace."

Seifert left AMD back in September.

 

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  • 1 Hide
    A Bad Day , December 6, 2012 2:26 AM
    Quote:
    "We are excited to have Mr. Seifert join us and lead our finance team, as he has a proven track record of leading successful financial strategies for growing global technology companies like ours,"


    http://www.theverge.com/2012/10/18/3522812/amd-loses-157-million-in-q3-will-layoff-15-percent-of-workers

    Somebody is going to be disappointed later...
  • 2 Hide
    ttcboy , December 6, 2012 4:57 AM
    Does people still not realize that the problem with the AMD is mostly in the management ???

    Anyway, Best of luck Brightstar coz Supernova might be just around the corner.
  • 3 Hide
    darkavenger123 , December 6, 2012 5:45 AM
    They just hired a loser who screwed up a multi billion company. Now he gets another high paying job to screw up another multi million company. It pays to sucks at your job!!!!
  • 1 Hide
    Gundam288 , December 6, 2012 11:45 AM
    darkavenger123They just hired a loser who screwed up a multi billion company. Now he gets another high paying job to screw up another multi million company. It pays to sucks at your job!!!!

    Depends on who was pulling the strings. For all we know it could have been the former CEO forcing/pushing a few things that sunk it.