AMD made two big announcements after the closing bell today that affects its hardware business. There is some executive shuffling on the personnel side, and some changes with regards to 7nm production.
On the personnel side, Jim Anderson, who served as AMD's General Manager and Senior Vice President of Global Computing and Graphics Sales, is leaving the company effective September 4th. Anderson decided to leave his post to take a position as President and CEO of Lattice Semiconductor. This is quite the move up the corporate latter for Anderson, who will also serve on the company's board of directors.
"Jim brings a strong combination of business and technical leadership with a deep understanding of our target end markets and customers. The transformation he drove of AMD’s Computing and Graphics business over the past few years is just a recent example of his long track record of creating significant shareholder value," wrote Jeff Richardson, Lattice's Chairman of the Board.
