Advanced Micro Devices, Inc. (NYSE:AMD) has not had luck in the flash memory industry, but now they are getting into the graphics and microprocessors industry. A subsidiary of AMD called Fusion is being created that focuses on graphics and microprocessors is being formed and is taking some of the semiconductor company’s executives with them and is causing some shuffling.
Head of the microprocessor division Randy Allen will be leaving AMD as a result of the shuffling because he was not given a position at Fusion. Rick Bergman will become the head of the product division at Fusion. And Jeff VerHeul will lead the Processor Solutions Engineering team.
Chekib Akrout will become the head of the Advanced Technology Group at AMD. Nigel Dessau will now be leading the marketing group at AMD.