After running CEO-free since Dirk Meyer's January 2011 resignation, AMD appoints ex-Lenovo COO Rory Read as CEO and president.
Read takes over from Thomas Seifert, who ran the company as interim CE.
At Lenovo Read was responsible for growth strategy in the Americas-- driving it to double-digit revenue growth and market share gains. Prior to Lenovo, Read has a 23 year history with IBM.
Seifert will return to his previous role as CFO.
Rumour has it AMD's CEO hunt took this long because the Board fired Meyer over disagreements, not performance-- before starting to look for a high-profile executive replacement. We wonder if Read will fit that profile?