AMD Announces Departure of Emilio Ghilardi as Sr Vice President & Chief Sales Officer

[caveman-jim]

Continuing the 'optimization' of the company that began in 2011 and a 10%+ worldwide round of layoffs, AMD have announced CEO Rory Read will take on the role of Chief Sales Officer while a replacement is sought:

AMD today announced the departure of Emilio Ghilardi as senior vice president and chief sales officer, effective immediately. Rory Read, AMD president and chief executive officer, will serve as interim chief sales officer while the company actively seeks a replacement.

"I'd like to thank Emilio for his contributions to the business and wish him well in his future endeavors," said Read. "Developing relationships with our customers that are grounded in a foundation of trust through consistently delivering on our commitments is critical, and we are making progress toward that goal. AMD enters 2012 with significant momentum, and we are building upon that momentum by embracing the shifts occurring in the industry and marrying market needs with innovative technologies to become a consistent growth engine." Mr. Ghilardi joined AMD from Hewlett Packard in 2008.

Press Release