AMD CFO Thomas Seifert resigns, sending stock down 8 percent
Advanced Micro Devices announced the resignation today of Chief Financial Officer Thomas Seifert, sending the company's stock down 8 percent.
Seifert, who had been with the chipmaker for three years, had briefly served as the company's interim chief executive officer last year after the resignation of CEO Dirk Meyer in January 2011. Seifert returned to his position as CFO in August 2011 when AMD named Rory Read, the former president and chief operating officer of the Lenovo Group, as its new CEO.
Other than the standard statement that Seifert was leaving "to pursue other opportunities," AMD … Read more