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http://www.businessweek.com/news/2012-09-17/amd-s-cfo-seifert-resigning-three-years-after-joining-chipmaker

Bloomberg News

AMD’s CFO Seifert Resigning Three Years After Joining Chipmaker

September 17, 2012

Advanced Micro Devices Inc. (AMD:US), the second-biggest maker of processors for personal computers, said Thomas Seifert is resigning as chief financial officer and departing the company.

Seifert, who joined AMD as CFO in 2009, will leave as of Sept. 28 and a search is under way for his successor, the company said in a statement. Devinder Kumar, senior vice president and corporate controller, will serve as interim chief financial officer, AMD said.

“Seifert’s departure is not based on any disagreement over the company’s accounting principles or practices, or financial statement disclosures,” AMD said in the statement.

To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.net

To contact the editor responsible for this story: Reed Stevenson at rstevenson15@bloomberg.net


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