Dave Orton to leave AMD at the end of July
Tuesday 10th July 2007, 02:02:00 PM, written by Rys
AMD has issued a press release announcing that Dave Orton, former CEO
of ATI, is leaving the company as one of its executive VPs at the end
of this month.
Orton had this to say in the press release: "It is with mixed feelings that I am leaving AMD. I am very optimistic about AMD’s future. I believe strongly in the strategies that brought AMD and ATI together and the talented employees of the ‘new AMD’ who are committed to winning in the market by delivering the best possible solutions for customers."
Adrian Hartog and Rick Bergman will now report to the Office of the CEO in their roles as senior VP and general manager of the Consumer Electronics and Graphics Product Group (GPG) divisions respectively.
It's unclear exactly why Orton is leaving the post of executive VP of the GPG, after his very successful tenure at the head of ATI Technologies, following ATI's acquisition of ArtX. One reason could be money, with too many heads at senior VP level for AMD to feel comfortable with on a salary basis, as the company looks to cut costs. We hope it's not for performance related reasons this soon after the merger, and it'll be interesting to see how analysts and the market react to the news.
You can read AMD's press release on Orton's departure.
Orton had this to say in the press release: "It is with mixed feelings that I am leaving AMD. I am very optimistic about AMD’s future. I believe strongly in the strategies that brought AMD and ATI together and the talented employees of the ‘new AMD’ who are committed to winning in the market by delivering the best possible solutions for customers."
Adrian Hartog and Rick Bergman will now report to the Office of the CEO in their roles as senior VP and general manager of the Consumer Electronics and Graphics Product Group (GPG) divisions respectively.
It's unclear exactly why Orton is leaving the post of executive VP of the GPG, after his very successful tenure at the head of ATI Technologies, following ATI's acquisition of ArtX. One reason could be money, with too many heads at senior VP level for AMD to feel comfortable with on a salary basis, as the company looks to cut costs. We hope it's not for performance related reasons this soon after the merger, and it'll be interesting to see how analysts and the market react to the news.
You can read AMD's press release on Orton's departure.
Tagging
amd ± orton, leaving, departure, ati, merger
Related amd News
RWT Analyzes Bulldozer Benchmarks
AMD Bulldozer microarchitecture analysis
Say hello to GLOBALFOUNDRIES
AMD completes deal with ATIC to create The Foundry Company
AMD Propus to be released in Q2 & Q3
AMD launch 45nm Phenom II processor
AMD goes Asset Smart; splits into two
Beyond Programmable Shading course notes available
AMD launches FireStream 9250 with 200Gflops DP via RV770
AMD GPGPU solutions get extra support from industry partners
AMD Bulldozer microarchitecture analysis
Say hello to GLOBALFOUNDRIES
AMD completes deal with ATIC to create The Foundry Company
AMD Propus to be released in Q2 & Q3
AMD launch 45nm Phenom II processor
AMD goes Asset Smart; splits into two
Beyond Programmable Shading course notes available
AMD launches FireStream 9250 with 200Gflops DP via RV770
AMD GPGPU solutions get extra support from industry partners
