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STORIES ABOUT: Hector Ruiz
AMD to Divide Its Business
Not so long ago, Hector Ruiz stepped down as CEO of Advanced Micro, being replaced by the company’s chief operating officer, Dirk Meyer. Rumors of Hector Ruiz stepping down as AMD’s chief executive officer have surfaced since ... [read more >>]
12 August 2008, 13:13GMT | (c) 2008 Softpedia
Hector Ruiz Replaced by Dirk Meyer as AMD's CEO
As we informed you on Monday, Advanced Micro has been showered by the media with quite a few favorable pieces, thanks to its latest Radeon graphics cards. Nevertheless, this fails to change the fact that, overall, the company isn't doing all that w ... [read more >>]
18 July 2008, 05:34GMT | (c) 2008 Softpedia
AMD's DiFranco Gets a New Job at Lenovo
AMD's ex-corporate vice-president of marketing Stephen DiFranco has just announced that he would join Lenovo to pursue other challenges in the notebook world. DiFranco left AMD on April 23rd and according to tech website ... [read more >>]
12 May 2008, 08:57GMT | (c) 2008 Softpedia
Intel's Otellini, Paid Double in 2007
Chip manufacturer Intel awarded its CEO a huge cash bonus during last year, that almost doubled its compensations. The report is based on his filling with the Securities and Exchange Commission. According to the compensation filling, Paul Otellini got $12.1, which accounts for some $6.2 million added to its regular $5.9 million received during 2006. This is a significant increase that upped his revenue to 104 percent. The ... [read more >>]
04 April 2008, 17:21GMT | (c) 2008 Softpedia
Ruiz's Alleged Raise – a Complete Misunderstanding
The alleged raise AMD's CEO and Chairman got last week proved to be the result of a misinterpreted SEC filing. The compensation document AMD had submitted read that Ruiz's base salary had been increased from $1,046,358 in 2006 to $1,124,000. AMD officials made it clear that the mentioned compensation was negotiated for the last year and Ruiz did not get any raise during 2007. Ruiz may receive a yearly raise between 150 and 450 ... [read more >>]
18 December 2007, 04:35GMT | (c) 2008 Softpedia
AMD Has a Bad Year, Ruiz Is to Take Financial Comfort
There is no secret that AMD have just reached the financial pit's bottom and have started scratching their way to the surface, but there's a long way ahead until they reach a zero balance. Profits are still out of discussion and it would take a new generation of CPUs to make AMD return to the rich people. The company yesterday went crying on the shoulders of New York Stock Exchange analysts and thold them how badly ... [read more >>]
14 December 2007, 04:19GMT | (c) 2008 Softpedia
AMD to Shed Crocodile Tears In Front of Financial Analysts
AMD attended yesterday the company's annual analyst meeting, where they could not cease apologizing in front of the Wall Street experts for their 2007 screw-ups. The chipmaker promised that they will return to full form in 2008 with a revamped version of the Barcelona quad-core line, whose functionality is currently severely crippled by a design flaw. The company entered a downwards spiral and AMD executives didn't ... [read more >>]
14 December 2007, 03:09GMT | (c) 2008 Softpedia
AMD Is Preparing to Give Hector Ruiz the Boot
Advanced Micro Devices is munching on naming president and chief operating officer Dirk Meyer to take over as top executive, although Hector Ruiz, the one who actually holds this position said that he does not consider stepping aside for the year to come. Hector Ruiz clearly stated that the company's top executives will likely elect Dirk Meyer as the next chief executive officer: "We started doing [the succession planning] fo ... [read more >>]
12 December 2007, 09:36GMT | (c) 2008 Softpedia
AMD Accuses Intel of Monopoly Abuse
Although things have finally started to move for number two chip manufacturer, the situation is still far from what AMD would have wished. When the Arabian company Mubadala announced that they have purchased Advanced Micro Devices shares that were worth $622 million, things have started falling apart on the stock market. The company's stock has dropped almost $2 a share, which would translate in 20 percent loss. Of course, t ... [read more >>]
03 December 2007, 03:39GMT | (c) 2008 Softpedia
AMD to Sacrifice CEO Hector Ruiz
There is no doubt that AMD has had a tough year, which reflected in over $1.5 billion US loss and multiple delays in releasing the company's first quad-core processor. The Intel competitors always seemed one step ahead of them, while they were busy taking up the ATI business. The recent unveiling of the Phenom processor caught AMD by surprise when the 9700 series had to be pulled off the shelves due to an issue with TLB erra ... [read more >>]
19 November 2007, 09:47GMT | (c) 2008 Softpedia
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