AMD restructures, names Lisa Su as COO
In the latest step in its corporate restructuring, AMD is to create two business groups. The Computing and Graphics Business Group will combine the client, consumer graphics and professional graphics businesses. Meanwhile, the Enterprise, Embedded and Semi-Custom Business Group will combine server, embedded, dense server and semi custom businesses. Both groups will retain engineering and sales functions.
Meanwhile, the company has named Dr Lisa Su as its chief operating officer. She joined AMD in 2012 from Freescale, where she was chief technology officer. Before that, she worked for IBM.
"During the past two years, we have been successfully executing our three step strategy to reset, accelerate and, ultimately, transform AMD," said CEO Rory Read. "This announcement represents the next step in our long term strategic plan.
"Lisa has been a driving force in AMD's recent success and, as COO, she will expand on this foundation and lead a broader organisation designed to more quickly adapt to industry shifts, streamline execution and decision making and create even greater value for our customers."
