{"id":67520,"date":"2023-01-11T22:46:53","date_gmt":"2023-01-11T21:46:53","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=67520"},"modified":"2023-01-11T22:46:53","modified_gmt":"2023-01-11T21:46:53","slug":"amd-announces-cfo-transition","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/67520-amd-announces-cfo-transition\/","title":{"rendered":"AMD<\/span> Announces CFO<\/span> Transition"},"content":{"rendered":"

\u2014 AMD<\/span> Chief Finan\u00adcial Offi\u00adcer Devin\u00adder Kumar reti\u00adring and for\u00admer Mar\u00advell CFO<\/span> Jean Hu to join AMD<\/span> as exe\u00adcu\u00adti\u00adve vice pre\u00adsi\u00addent and CFO<\/span> \u2014<\/p>\n

SANTA<\/span> CLARA<\/span>, Calif., Jan. 11, 2023 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>: AMD<\/span>) today announ\u00adced that chief finan\u00adcial offi\u00adcer and tre\u00adasurer Devin\u00adder Kumar will be reti\u00adring from the com\u00adpa\u00adny and that Jean Hu will join on Janu\u00adary 23 as exe\u00adcu\u00adti\u00adve vice pre\u00adsi\u00addent and chief finan\u00adcial offi\u00adcer. Kumar will remain at AMD<\/span> through April 2023 to ensu\u00adre a smooth transition.<\/p>\n

\u201c<\/span>I want to thank Devin\u00adder for his many con\u00adtri\u00adbu\u00adti\u00adons to AMD<\/span>. He has been an out\u00adstan\u00adding CFO<\/span> and part\u00adner who\u00adse lea\u00adder\u00adship was instru\u00admen\u00adtal in crea\u00adting the finan\u00adcial foun\u00adda\u00adti\u00adon that enab\u00adled our signi\u00adfi\u00adcant reve\u00adnue growth and suc\u00adcess in recent years,\u201d said AMD<\/span> Chair and CEO<\/span> Lisa Su. \u201cAt the same time, I am very exci\u00adted to wel\u00adco\u00adme Jean to AMD<\/span>. She is an excel\u00adlent addi\u00adti\u00adon to our lea\u00adder\u00adship team given her deep expe\u00adri\u00adence across the semi\u00adcon\u00adduc\u00adtor indus\u00adtry and strong track record of finan\u00adcial leadership.\u201d<\/p>\n

\u201c<\/span>I am incre\u00addi\u00adbly hono\u00adred to have work\u00aded almost four deca\u00addes at AMD<\/span> and proud of what both the com\u00adpa\u00adny and the glo\u00adbal CFO<\/span> orga\u00adniza\u00adti\u00adon have accom\u00adplished,\u201d said Kumar. \u201cI am lucky to have dedi\u00adca\u00adted my care\u00ader to help shape the com\u00adpa\u00adny into the indus\u00adtry lea\u00adder it is today.\u201d<\/p>\n

\u201c<\/span>I have long admi\u00adred AMD<\/span> and I am thril\u00adled to join the com\u00adpa\u00adny during such an exci\u00adting time of growth and diver\u00adsi\u00adfi\u00adca\u00adti\u00adon,\u201d said Hu. \u201cI look for\u00adward to part\u00adne\u00adring with the lea\u00adder\u00adship team and lea\u00adding the finan\u00adce orga\u00adniza\u00adti\u00adon as we build on the company\u2019s suc\u00adcessful ope\u00adra\u00adting model and dri\u00adve long-term share\u00adhol\u00adder returns.\u201d<\/p>\n

Hu joins AMD<\/span> from Mar\u00advell, whe\u00adre she ser\u00adved as chief finan\u00adcial offi\u00adcer sin\u00adce 2016 and was respon\u00adsi\u00adble for all aspects of finan\u00adcial plan\u00adning, accoun\u00adting, report\u00ading, tre\u00adasu\u00adry, tax and inves\u00adtor rela\u00adti\u00adons. She has more than 20 years of expe\u00adri\u00adence in finan\u00adcial lea\u00adder\u00adship roles in semi\u00adcon\u00adduc\u00adtor com\u00adpa\u00adnies inclu\u00adding Qlo\u00adgic and Conex\u00adant. She ear\u00adned a B.S. in che\u00admi\u00adcal engi\u00adnee\u00adring from Bei\u00adjing Uni\u00adver\u00adsi\u00adty of Che\u00admi\u00adcal Tech\u00adno\u00adlo\u00adgy and holds a Ph.D. in eco\u00adno\u00admics from Cla\u00adre\u00admont Gra\u00addua\u00adte University.<\/p>\n

AMD<\/span> Q4<\/span>\u201922 and Finan\u00adcial Year 2022 Ear\u00adnings Con\u00adfe\u00adrence Call<\/strong>
\nAMD<\/span> will hold a con\u00adfe\u00adrence call for the finan\u00adcial com\u00admu\u00adni\u00adty at 2:00 p.m. PT<\/span> (5:00 p.m. ET<\/span>) on Janu\u00adary 31, 2023 to dis\u00adcuss its fis\u00adcal fourth quar\u00adter and finan\u00adcial year 2022 finan\u00adcial results. Inte\u00adres\u00adted par\u00adties are invi\u00adted to lis\u00adten to the web\u00adcast of the con\u00adfe\u00adrence call via AMD<\/span>\u2019s Inves\u00adtor Rela\u00adti\u00adons web\u00adsite ir.amd.com<\/a>.<\/p>\n

About AMD<\/span><\/strong>
\nFor more than 50 years AMD<\/span> has dri\u00adven inno\u00adva\u00adti\u00adon in high-per\u00adfor\u00admance com\u00adpu\u00adting, gra\u00adphics and visua\u00adliza\u00adti\u00adon tech\u00adno\u00adlo\u00adgies. Bil\u00adli\u00adons of peo\u00adp\u00adle, lea\u00adding For\u00adtu\u00adne 500 busi\u00adnesses and cut\u00adting-edge sci\u00aden\u00adti\u00adfic rese\u00adarch insti\u00adtu\u00adti\u00adons around the world rely on AMD<\/span> tech\u00adno\u00adlo\u00adgy dai\u00adly to impro\u00adve how they live, work and play. AMD<\/span> employees are focu\u00adsed on buil\u00adding lea\u00adder\u00adship high-per\u00adfor\u00admance and adap\u00adti\u00adve pro\u00adducts that push the boun\u00adda\u00adries of what is pos\u00adsi\u00adble. For more infor\u00adma\u00adti\u00adon about how AMD<\/span> is enab\u00adling today and inspi\u00adring tomor\u00adrow, visit the AMD<\/span> (NASDAQ<\/span>: AMD<\/span>) web\u00adsite<\/a>, blog<\/a>, Lin\u00adke\u00addIn<\/a> and Twit\u00adter<\/a> pages.<\/p>\n

AMD<\/span>, the AMD<\/span> Arrow logo, and com\u00adbi\u00adna\u00adti\u00adons the\u00adreof, are trade\u00admarks of Advan\u00adced Micro Devices, Inc. Other names are for infor\u00adma\u00adtio\u00adnal pur\u00adpo\u00adses only and may be trade\u00admarks of their respec\u00adti\u00adve owners.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2014 AMD<\/span> Chief Finan\u00adcial Offi\u00adcer Devin\u00adder Kumar reti\u00adring and for\u00admer Mar\u00advell CFO<\/span> Jean Hu to join AMD<\/span> as exe\u00adcu\u00adti\u00adve vice pre\u00adsi\u00addent and CFO<\/span> \u2014<\/p>\n

SANTA<\/span> CLARA<\/span>, Calif., Jan. 11, 2023 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 AMD<\/span><\/a> (NASDAQ<\/span>: AMD<\/span>) today announ\u00adced that chief finan\u00adcial offi\u00adcer and tre\u00adasurer Devin\u00adder Kumar will be reti\u00adring from the com\u00adpa\u00adny and that Jean Hu will join on Janu\u00adary 23 as exe\u00adcu\u00adti\u00adve vice pre\u00adsi\u00addent and chief finan\u00adcial offi\u00adcer. Kumar will remain at AMD<\/span> through April 2023 to ensu\u00adre a smooth tran\u00adsi\u00adti\u00adon. (\u2026) Wei\u00adter\u00adle\u00adsen \u00bb<\/a><\/p>\n","protected":false},"author":593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[966,2822,2823,2824],"class_list":["post-67520","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","tag-amd","tag-cfo","tag-devinder-kumar","tag-jean-hu","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/67520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/593"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=67520"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/67520\/revisions"}],"predecessor-version":[{"id":67521,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/67520\/revisions\/67521"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=67520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=67520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=67520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}