AMD Announces Resignation of Dave Orton, former ATI CEO

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AMD Announces Resignation of Dave Orton, former ATI CEO

Post by Digital Puppy » Tue Jul 10, 2007 3:00 pm

AMD Announces the Resignation of Dave Orton, former CEO of ATI
SUNNYVALE, Calif. -- Jul. 10, 2007 AMD (NYSE:AMD) announced today that Dave Orton, former president and chief executive officer of ATI Technologies, has resigned as executive vice president of AMD, effective the end of July, 2007.

"Dave's passion and relentless drive catapulted ATI into a solid leadership position in each of the company's graphics, chipset and consumer electronics businesses," said Dirk Meyer, AMD president and chief operating officer. "More recently, Dave was one of the key drivers in the successful integration of AMD and ATI. With his integration work complete and the successful launch of key graphics and chipset products earlier this year, the time was right for Dave to take his personal and professional life in a different direction."

"It is with mixed feelings that I am leavening AMD," said Orton. "I am very optimistic about AMD's future. I believe strongly in the strategies that brought AMD and ATI together and the talented employees of the 'new AMD' who are committed to winning in the market by delivering the best possible solutions for customers."

Adrian Hartog, senior vice president and general manager, consumer electronics group and Rick Bergman, senior vice president and general manager, graphics products group will now report into the Office of the CEO. The addition of the Consumer Electronics and Graphics businesses as direct reports into the Office of the CEO helps ensure the ongoing strategic attention and focus for these important businesses.

AMD acquired ATI Technologies on October 25, 2006. The combination of AMD and ATI creates a processing powerhouse with the ability to redefine the boundaries between the components with a PC and deliver the ultimate visual experience.

About AMD

Advanced Micro Devices (NYSE: AMD) is a leading global provider of innovative processing solutions in the computing, graphics and consumer electronics markets. AMD is dedicated to driving open innovation, choice and industry growth by delivering superior customer-centric solutions that empower consumers and businesses worldwide. For more information, visit http://www.amd.com.
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Re: AMD Announces Resignation of Dave Orton, former ATI CEO

Post by stev » Tue Jul 10, 2007 3:16 pm

Now that raises an eyebrow.

It will be interesting to see where Dave will turn up in the next 6 months or so.
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Re: AMD Announces Resignation of Dave Orton, former ATI CEO

Post by brites » Tue Jul 10, 2007 4:24 pm

From the two pick one: either the AMD didn't gave him the loose leach he wanted :axe: ... or the new GC are so :vom: that he decide not to be part of the beginning of the end for ATI GC...

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Re: AMD Announces Resignation of Dave Orton, former ATI CEO

Post by Apoptosis » Tue Jul 10, 2007 8:05 pm

It would be tough to be a CEO and then be bought up and lose your spot... He will surface some place else.... where is the question!

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