AMD CEO Dirk Meyer Resigns

Posted Jan 10, 2011

Advanced Micro Devices, Inc. (NYSE:AMD) CEO Dirk Meyer has stepped down after reaching an agreement with the company board. AMD CFO Thomas Siefert will be filling in Meyer for the time being. Meyer had been working at AMD since 1995. AMD announced preliminary revenue results for the 4th quarter ahead of time too. The company revenue will be $1.65 billion, which is ahead of what analysts are expecting. [CNET]