AMD's Rick Bergman Now CEO at Synaptics

Bergman left AMD last week as the chipmaker continues to clean house. The executive's departure was somewhat expected, as he was believed to be the natural choice to succeed previous CEO Dirk Meyer, who departed AMD earlier this year. Bergman joined AMD as part of the acquisition of ATI, where he was the second man in charge behind CEO Dave Orton. Rick Bergman was senior vice president and general manager of AMD's Products Group.

There was no information of compensation, but SEC filings reveal that Bergman was given 40,000 shares of Synaptics stock valued at about $931,000 and was given the right to acquire 430,000 shares at a price of $23.25, which is slightly below today's price of about $23.73.

Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.