Chris Cloran, corporate vice president and general manager of the client division at AMD has left the company. Cloran was in charge of the client processor business at AMD -- the unit that is responsible for the majority of AMD's revenue today.
There was no information when Cloran left and his future plans. The executive was promoted to corporate vice president in 2008 held the position of vice president for the company's mobile division prior to that.
Earlier this week, we learned that CFO Thomas Seifert will leave AMD effective September 28. The announcement has rocked AMD's stock and it appears that it has not bottomed out yet. AMD was down $0.03 or about 1 percent in Wednesday trading. The company's market cap is down to $2.54 billion.