AMD Announces Departure of Three Senior Executives

[[Coi] Mr.CLuBBeR]

Its all part of an "optimal organization design"

Back in October, AMD revealed that it would be implementing a restructuring plan and laying off about 7 percent of the company’s workforce. What appears to be part of its restructuring process, AMD announced that AMD General Manager of its Computing and Graphics segment John Byrne, Chief Marketing Officer Colette LaForce, and Chief Strategy Officer Raj Naik would be leaving.
Their departure follows after the company’s recent layoffs and several months after the announcement that Dr. Lisa Su was the company’s new CEO. According to AMD, Su will take over Byrne’s duties while AMD Senior Vice President Harry Wolin will handle the responsibilities for both positions vacated by LaForce and Naik.
“These changes, including the additions of Forrest Norrod and James Clifford to our management team last quarter, collectively are part of implementing an optimal organization design and leadership team to further sharpen our execution and position AMD for growth,” an AMD spokesman said in a statement.
AMD has been having difficulty with its Computing and Graphics segment, which saw a 6 percent drop and a 16 percent decline year-over-year according to its fiscal third quarter for 2014. Despite the drop, the company still reported a $17 million profit for the third quarter.
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