AMD's Henri Richard to step down
- Thread starter HopJokey
- Start date
Probably bad news. Considering how much of an impact he had on AMD, and now he resigns. This just can't be good for AMD.
So with the little marketing they do, they now have to suffer the loss of their head of marketing and chief sales officer. Sounds like someone leaving a sinking ship, no?
sgrinavi
Diamond Member
- Jul 31, 2007
- 4,537
- 0
- 76
You know how it goes, it's not about what you did yesterday; it's about what you can do for me today.
They have share-holders to answer to and, to be quite honest, have not done a very good job scrapping with Intel. I would not be surprised to see more "resignations" in the near future.
That or maybe he decided it was time to fish and golf...
They have share-holders to answer to and, to be quite honest, have not done a very good job scrapping with Intel. I would not be surprised to see more "resignations" in the near future.
That or maybe he decided it was time to fish and golf...
Would that the news be that Hector Ruiz is leaving AMD! After having tanked the company and punished shareholders while blithely collecting a fat $40 million paycheck - that's pay-for-performance for you! - last year, Ruiz finds his fall guy and fingers marketing as the source of the company's woes. It's remarkable how quickly CEOs take the credit when their company does well - and justify their inflated salaries by citing a direct correlation between the company's success and their stellar leadership - but rarely take any of the responsibility when the company sinks. Then, it's not their poor leadership that caused any problem, it's "challenging market conditions" or "resurgent competition" or "Neptune aligned with Pluto and jinxed Virgos." Of course, Richard played a large part in the AMD mess, repeatedly lying to shareholders by denying and hiding the troubles AMD was having developing Barcelona so I don't weep for him. I'm sure he'll leave with a nice multi-million dollar severance package. If only Richard was followed by Ruiz out the door.
Regs
Lifer
- Aug 9, 2002
- 16,666
- 21
- 81
I wouldn't want to work in that posistion either if I all ready had his money. I hope he left because he didn't want to work under Hector anymore. It's just one of those things a CEO can never admit to because of business relations. Not exactly good for the resume.
The timing of the rumored departure, coincident with the official announcement of K10 release, is a BIG RED FLAG.
If the rumor is true and he is leaving shortly after the K10 release, then my interpretation of these events is that dear Henri must have made some ghastly incorrect public statements (by way of directing the marketing dept's policy) regarding K10 performance.
In other words, 2.6GHz K10 smashing Intel's top-dog by 40%? If this and other overly bullish statements regarding power consumption and performance turn out to be down-right embarrassingly outlandish then I could see the head of marketing dept's head rolling as the whole company collectively reels from egg on its face.
Cliffs: If rumor = true, then expect K10 performance to be anything but what AMD marketing has implied/stated/touted/inferred/modeled/demo'ed to date.
all depends on weather H.R. made were the one made some bad decision such as going for monolithic core instead of intel's way of glue up cores, or a bad ATI purchasing timing, or thinking that X2 can last forever etc etc. If he is then this is good news, but if he isn't then this won't change a thing for AMD's future except give investor a false sense of change and might even do more harm for the company.
NoSoup4You
Golden Member
- Feb 12, 2007
- 1,253
- 6
- 81
Ultimately this development is irrelevant. People step down all the time in business, for all sorts of reasons. If Barcelona turns out to be a flop, then there probably was some correlation to his resignation. If Barcelona excels, then it's just one of those bizarre coincidences.
Time will tell... real soon.
Time will tell... real soon.
Oh no, that massive marketing machine AMD has is coming to a screeching halt!
:laugh:
Now if only AMD could get rid of Ruiz.
:laugh:
Now if only AMD could get rid of Ruiz.
You don't suppose Henri got caught up in any part of the DELL accounting issues do you?
Maybe the AMD marketing machine greased a few paws to help them break thru the Intel stronghold and now that DELL is about to "out" the people who were involved there could be a desire to "contain" the problem before K10 is released to avoid "marring" the press AMD is hoping to sop up on Sept 10.
The timing is completely not coincidental, you don't have VP's suddenly ending their career after 5 years literally on the eve of the most anticipated product release your company has made in a couple years. Something is about to hit the fan, either K10 is a flopster or DELL is about to release some unfortunate news...
Maybe the AMD marketing machine greased a few paws to help them break thru the Intel stronghold and now that DELL is about to "out" the people who were involved there could be a desire to "contain" the problem before K10 is released to avoid "marring" the press AMD is hoping to sop up on Sept 10.
The timing is completely not coincidental, you don't have VP's suddenly ending their career after 5 years literally on the eve of the most anticipated product release your company has made in a couple years. Something is about to hit the fan, either K10 is a flopster or DELL is about to release some unfortunate news...
bryanW1995
Lifer
- May 22, 2007
- 11,144
- 32
- 91
He probably made a bunch of mistakes behind the scenes and his management told him to go after this product launch.
bryanW1995
Lifer
- May 22, 2007
- 11,144
- 32
- 91
He's more likely to be still speaking english but stuck wearing a suit 24/7 if he stays at amd than he would be forced to learn korean imho.
I'm thinking it's simply because ATI always had better marketing than AMD. The ATI marketing guy was recently promoted at AMD. My guess is that they just wanted the ATI guy more than this Richard fool. AMD never marketed anything effectively.
Originally posted by: swtethan
Will AMD chips have a 100,000 mile warranty now?
10 year powertrain :thumbsup:
Phynaz
Lifer
- Mar 13, 2006
- 10,140
- 819
- 126
Except he's hanging around for two weeks.
If you fire soneone, you don't let them stay, you escort them out the door.
He definatly quit, and from what I'm reading, he caught AMD by surprise.
My quess is he didn't want to have to deal with trying to sell Barcelona.
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