Lisa su, ceo of amd, joins the cisco board of directors
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Cisco announced today that it has appointed AMD CEO Lisa Su to its Board of Directors. Su, like many other executives, has previously served on boards of directors of other companies: The move comes after Su left the Analog Devices board in December.
Lisa Su joins the Cisco Board of Directors. He will continue as AMD CEO
However, this does not mean that Lisa Su leaves her position as CEO of AMD, the company indicates that Su will continue in his position as CEO of AMD and on the company's own Board of Directors. This means that we should not see any major changes in the company's leadership or goals in the future.
The announcement comes on the eve of AMD's financial gains to be released in the coming years, but the Cisco press release is light on the details and does not include any information on Su's compensation package.
Cisco Official Statements:
The press release includes several details of Su's previous work and notes that she also continues to serve on AMD's board, a position she has held since 2014.
Cisco, a giant in network hardware, software, and telecommunications, currently has a market capitalization of $ 201.38 billion. In comparison, AMD currently has a market capitalization of $ 54.68 billion.
Notably, Cisco is a key competitor to Mellanox, which is currently in the midst of a $ 6.9 billion acquisition by Nvidia. That acquisition is still making its way through regulatory channels and awaits approval from the Chinese organization MOFCOM, which could be a risky proposition given the current trade war. In any case, Su and Nvidia CEO Jensen Huang could find themselves on opposite sides of the ball once again, but this time in the network market.
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Cisco is deeply involved in the networking field, but it also has a line of Unified Computing System (UCS) servers dominated by Intel silicon, although some models already come equipped with AMD's EPYC processors.
Lisa Su was named one of the best CEOs in the world for the past decade, and this will possibly open the door for her to occupy important positions in other companies.
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