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Former ATI president and CEO resigns from AMD

AMD today announced Dave Orton, executive vice president of AMD, has resigned. The resignation is effective in the end of July 2007. Orton was the former president and chief executive officer of ATI before the merger with AMD. A new executive vice president has not been appointed yet.

“It is with mixed feelings that I am leaving AMD,” Orton said. “I am very optimistic about AMD’s future. I believe strongly in the strategies that brought AMD and ATI together and the talented employees of the ‘new AMD’ who are committed to winning in the market by delivering the best possible solutions for customers.”

Orton was one of the “key drivers in the successful integration of AMD and ATI,” according to AMD President and Chief Operating Officer Dirk Meyer. “With his integration work complete and the successful launch of key graphics and chipset products earlier this year, the time was right for Dave to take his personal and professional life in a different direction,” he added.

Despite the “successful integration” of AMD and ATI, the company continues to hemorrhage cash, with debts mounting up fast and an estimated $1.1 billion in the bank. The company also posted a first quarter loss of $611 million USD.  

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Where are you now?
By Rampage on 7/10/2007 6:28:36 PM , Rating: 0
Where are the "ATI" fanboys now? :D

Enjoy! After years of listening to you all squawking incessantly about ATI.
Good riddance to the ATI fanboys who no longer have the guts to say anymore ridiculous statements about "their" precious company.

RE: Where are you now?
By Goty on 7/10/2007 6:37:27 PM , Rating: 4
1) Your post doesn't really make a whole lot of sense seeing as how this basically means nothing for the company (one less level of bureaucracy to get through).

2) All of the ATI fanboys are now AMD fanboys.

RE: Where are you now?
By lumbergeek on 7/10/2007 8:29:05 PM , Rating: 4
OK, I'm not a fanboy - I buy both brands - but I have been buying ATI/AMD lately for personal reasons. Why? Because I'm NOT a gamer. If I was, I'd be SLIing 8800GTXs rather than settling for ATIs. At the end of the day, video rendering for HTPC is my gig and AVIVO beats Purevideo.

Maybe someone needs to come up with a CrossSli'er configuration that ties the two together so each can do what they do best.

There - that oughta send every fanboy of every stripe absolutely up the wall....


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