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Former CEO of ATI quits AMD

post #1 of 21
Thread Starter 
Quote:
The former chief executive of ATI Technologies has resigned from Advanced Micro Devices (AMD) just nine months after the two companies combined in a $5.4 billion merger.

AMD said Tuesday that David Orton will resign as executive vice president after working through the end of this month. AMD had convinced Orton to remain with the company by signing him to a $1.7 million contract in October, shortly before completing the merger.
http://www.macworld.com/news/2007/07...iceo/index.php
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post #2 of 21
Wow.
    
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post #3 of 21
ah crap.

"I can't see, are we boned?"


"... Yea, we're boned."
    
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post #4 of 21
The title of that Thread is put in a certain... subtle context isn't it?

*looks under username*
*see's Intel*


ahh, I C

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post #5 of 21
Quote:
Originally Posted by Grim View Post
The title of that Thread is put in a certain... subtle context isn't it?

*looks under username*
*see's Intel*


ahh, I C

APPEAL TO HATE
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post #6 of 21
Quote:
AMD may provide more details on Orton’s departure and its new strategies when the vendor reports second-quarter fiscal 2007 earnings on July 19.
Freak out then? 9 days away...
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post #7 of 21
Quote:
Originally Posted by DontPassTheFence View Post
ah crap.

"I can't see, are we boned?"


"... Yea, we're boned."
SIGGED!!!!

And yes....we are boned....
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post #8 of 21
This could be read in multiple ways...he may have been offered a better job or he may see an upcoming embarasment and just decided to quit before he was fired.

This is not nesasarily more fuel to throw on the "AMD is dead" fire, but no matter how you look at it...it isn't good. Or wait...maybe it is. Maybe this guy was one of weak links that was causing delays on release dates and things will get better?

Now that I think about it...maybe AMD needs more changes like this to get things rolling.
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post #9 of 21
You know. I don't really believe one guy leaving, regardless of his position will seriously affect anything. Just chill.
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'bout time.
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post #10 of 21
Quote:
Originally Posted by Vagrant Storm View Post
This could be read in multiple ways...he may have been offered a better job or he may see an upcoming embarasment and just decided to quit before he was fired.

This is not nesasarily more fuel to throw on the "AMD is dead" fire, but no matter how you look at it...it isn't good. Or wait...maybe it is. Maybe this guy was one of weak links that was causing delays on release dates and things will get better?

Now that I think about it...maybe AMD needs more changes like this to get things rolling.
To be honest, after being head of a company, to being put in a VP position after the merger, he may just have felt like he wanted to move on. This is not unusual for this to happen. I sure as hell hope my company gets bought out and I can resign a few months later with a pocket full of money. In fact, I would say that would be my primary objective in getting bought out.
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