backtop


Print 8 comment(s) - last by crystal clear.. on Sep 27 at 5:23 AM

Hector Ruiz steps down as Spansion's Chairman of the Board

Spansion, a company experienced in the development of flash memory and formed by AMD and Fujitsu in 1992, is experiencing a changing of the guard in the Chairman of the Board position. Hector Ruiz, who serves as Chairman and CEO for AMD, also served as Chairman of the Board for Spansion -- that position will now be taken over by Donald L. Lucas.

In addition, Gilles Delfassy was also appointed to Spansion’s Board of Directors. "Their deep semiconductor business, operations, financial and technology expertise will be a strong complement to the board in an exciting time for the company as we continue to redefine the Flash memory industry," said Spansion CEO Bertrand Cambou.  "On behalf of the Board, I would like to thank Hector for his considerable contributions as an inspirational and instrumental leader for the Spansion Board, who played a significant role in helping Spansion achieve its status as a leading, independent NOR Flash memory company."

Lucas has been affiliated with a number of companies over the past thirty years including National Semiconductor Corporation (which he helped to found), Oracle and Dexcom. Delfassy served as senior vice president for Texas Instruments.

"I have always been interested in and worked with great leaders of technology companies," remarked Lucas. "With a Board of Directors focused on improving the company’s capital structure, a strong management team, solid long term strategy and compelling technology and solutions, Spansion is well positioned for future success."

"In my role at Texas Instruments, I worked closely with Spansion over the years through a strong alliance in the wireless area," added Delfassy. "I now look forward to joining the board and more directly participating in Spansion’s growth opportunity."

Ruiz's departure from the Spansion board should give him more time to focus on ensuring the success of AMD's new Barcelona architecture. AMD's L3 cache-equipped Barcelona processors are based on a 65nm manufacturing process and feature up to 4.5MB of onboard cache.

AMD's new quad-core and upcoming triple-core Barcelona processors will be going toe-to-toe with Intel's upcoming Penryn family of processors.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

By crystal clear on 9/27/2007 3:06:50 AM , Rating: 2
There are quite a few here(like me & others in the past & now) on this site who have been insisting than he step down as CEO also.

Here are a few examples-(TomZ my favourite)

By TomZ on 8/23/2007 6:12:13 PM , Rating: 2

# I agree, and I would add that people rarely leave such a job when they are perceived to be highly successful.

# My views are like a lot of others who post here - I want to see both companies being successful. If one is doing a good job, we say "good job," and if one is doing a bad job, we say "bad job."

# In my opinion, this strategic mistake is bad enough that AMD shareholders should demand the resignations of all of the top management.

I guess time will tell.

# AMD has executed poorly for the past two years. What have they done right ? Just name one thing!

# I couldn't agree more - Ruiz should pack his bags, and the board should appoint a CEO who knows how to run a business. His name should be "Hector Ruin" instead of Ruiz since all he is doing is ruining AMD.

Crystal Clear comments -

IF the first to go should be Hector Ruiz-its high time the investors/shareholders takeup this issue & pack him off.

AMD spokesman Eric Deritis said- Richard's sales and marketing group is strong enough to stand on its own until the right person is found, Deritis said. "There's no feeling that we have to do this as soon as possible to fill a gap."

This sentence below -

"There's no feeling that we have to do this as soon as possible to fill a gap."

This clearly implies that the position is being left vacant intentionally to enable the next/NEW C.E.O to come in the near future appoint a person of his choice.

The winds of change are blowing in fast-heads will roll.


http://www.dailytech.com/article.aspx?newsid=8581



This sentence below says it all -

"There's no feeling that we have to do this as soon as possible to fill a gap."

This clearly implies that the position is being left vacant intentionally to enable the next/NEW C.E.O to come in the near future appoint a person of his choice.

The winds of change are blowing in fast-heads will roll.

Final analysis -

The article of the future on Daily Tech should read as follows-

Don Lucas Fills Hector Ruiz's Shoes as A.M.D. Chairman of the Board

If & when it does happen-then D.T.commentators could take the credit of saying "We were right all the way Ruiz should GO."

(Note-I used the bold font just to emphasize the point-sorry if it upsets anybody)




"DailyTech is the best kept secret on the Internet." -- Larry Barber

Related Articles
Intel Sets Official "Penryn" Launch Date
September 18, 2007, 1:17 PM
AMD Adds Triple-Core Processors to Roadmap
September 17, 2007, 2:45 PM
A Letter to Hector Ruiz
June 25, 2007, 6:14 PM
AMD Unveils "Barcelona" Architecture
September 7, 2007, 3:03 PM













botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki