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.
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Their engineers have actually good ideas, which can of course be improved.
There has been a lot of tinkering in this site about how Bulldozer can be tweaked and it showed A LOT of potential. Now, AMD needs to implement these kind of modifications. Their modular architecture is brillian IMO.
No, on the contrary, they need better management. Better paid engineers, better publicists, better financial advisors, better PR, etc.
I like to see heads roll within AMD, they have been watching everything crumble and done nothing for years. If they were kept there, it would only have continued their downfall.
Lets expect the best for the red team and their new batch of leading personnel.