European changes likely too
We have received news that AMD will soon announce that Andy Tseng, who only joined the company in April of 2011, will be shown the door.
He was hired as Corporate VP and GM for Taiwan and it looks like that new AMD leadership including the new CEO was not too happy with his performance.
The word on the Taiwanese streets is that he lost them some market share and that new boss was not too happy about it. We also heard that the Senior VP of Greater China Frank Lee is also going to leave the company due to a market share slump in the glorious People’s Republic of China.
It looks like the US regional manager did well, but we also hear that there might be some share ups in the European AMD as well.
We are not sure if these latest changes are in some way connected with the inauguration of John Byrne as Executive Vice President and Chief Financial Officer, but the fact that he got promoted and these guys got fired speaks for itself.
One can only hope that this is a new beginning for shaken up AMD organization that definitely need to get back on track, and this will most likely happen in 2013.
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Fuad Abazovic
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