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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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RE: wa
By mmarq on 7/13/2007 3:13:37 PM , Rating: 2
The problem is that you're comparing an 8-core version of Barcelona with an 8-core Penryn. By the time AMD has a competing processor, Wolfdale will be out and AMD will be behind in the performance game again.

I don't want to trow ice water but that seems a little hopeful. Yes Intel has always executed much faster, if for nothing else because they have much more resources but i believe if AMD really wanted bad they could have a MCM with 8 cores before the end of this year.

A 566mm2 monster with more than 130W TDP. Yes we'll be talking about perhaps a 2000$ chip, but concerning TDP Intel would still win with its 3.0 Ghz Xeon X5365 with 150W TDP. I'm talking of lack of decency!...

If in drop_in_place parts with many of actual Opterons systems, it could prove to be a huge sell success, because a 4P 2 way server could be converted to a 16P 2 way with very little modification. And the press spin they could generate with that !... if they drop for the Bench Industry a fascn8 workstation !...

In that sense i agree with you. Because if it were Intel in the same position of AMD, the first thing they would put out now in August would be that monster.

"I'd be pissed too, but you didn't have to go all Minority Report on his ass!" -- Jon Stewart on police raiding Gizmodo editor Jason Chen's home
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