AMD&Nbsp; CEO Dirk Meyer Suddenly Missed Class.
according to PCMAG News, us time January 10th. AMD Company (NYSE:AMD) announced CEO Dirk Meijer After the class, the resolution came into effect immediately, and announced that Thomas Seft, senior vice president of AMD, served as interim chief executive officer.
AMD also announced that the initial audits in the fourth quarter of 2010 amounted to $1 billion 650 million, an increase of 2% over the previous quarter.
The board of directors of AMD did not specifically talk about the specific reasons for Meijer's suspension.
"Dirk Meyer became chief executive in difficult times."
Bruce Clough, chairman of AMD company, said: "Dirk Meyer has successfully stabilized the operation of AMD, and at the same time has concluded a valuable strategic agreement. Our lawsuit with Intel has also been successfully resolved."
"However, the Board believes that we have the opportunity to create greater value for shareholders."
Claflin added.
Although AMD struggled to catch up, it did not cause much pressure on rival Intel.
Intel created a new record of turnover in the third quarter of 2010, and Intel CEO Paul Odenning predicted that 2011's profits would be better than 2010's.
On the day of the close of the New York stock market, AMD's shares closed at $9.19, up 4.08%.
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