AMD swaps Sanders for Ruiz
PrintBoardroom shuffle
Posted in Financial News, 4th May 2004 08:48 GMT
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AMD has promoted its president and CEO, Hector Ruiz, to the position of chairman of the board, formalising a plan that's been in place for some time but was officially announced last February.
AMD's colourful co-founder and former chairman, Jerry Sanders, is now chairman emeritus, though he is retiring from the company board.
Ruiz, 58, joined AMD in January 2000, from Motorola. Initially serving as president and COO, he was promoted to CEO in April 2002, replacing Sanders, who had held the post for the previous 33 years.
AMD, meanwhile, also announced the election of Paulett Eberhart, the former president of software and services giant EDS' North American operation, to its board of directors. She fills the vacancy left by Dr Friedrich Baur, who did not stand for re-election. ®
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