Lisa su succeeds rory read as amd ceo

AMD is in a restructuring process that seems to have come to an end with the appointment of Lisa Su as the new CEO of the company to the detriment of Rory Read who will become the new COO (Chief Operating Officer) of the company until the end of year, since until now Lisa Su has occupied.

Rory Read came to AMD in 2011 from Lenovo to become the new CEO of the company that was in financial difficulties, since then AMD's strategy has been to diversify offering graphics cards for gaming and for professional environments, high-performance x86 processors (Bulldozer), its famous APUs among which are low-power solutions, custom chips for new consoles, RAM and SSDs under the Radeon brand and future future AMD ARC SoCs.

Finally , AMD's restructuring process seems to be completed with the appointment of Lisa Su as its new CEO, a change that has surprised many but seems that the company was considering for quite some time.

AMD is still in losses but hopes that this 2014 will be its last bad year financially and to be able to return to benefits from the following year.

Source: techpowerup, anandtech