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AMD's Ruiz didn't get a raise last week

INQ gets it wrong, shocka
Monday, 17 December 2007, 17:12

AMD CHIEF, Hector de J Ruiz didn't get a raise last week, despite the fact we said he did.

The chip firm sent us a polite note asking us to clarify the position which we're happy to do.

The document we referred to in our original piece (here) amends and restates Ruiz's terms of employment but doesn't indicate he was given a raise.

The amended agreement is "meant to address IRS regulations," a spokesman told the INQ.

"Perhaps the confusion is caused by the fact that Hector received a raise earlier in the year [May 2006, in fact], but I can assure you," said the spokesman, "that Hector's compensation did not change and he is not receiving a raise."

Our apologies to AMD, to our commenters, who had a field day after our original story appeared, and to Dr Ruiz who, no doubt, was happy to see he'd got a raise when he logged on to the INQ first thing in the morning, as we assume he normally does, only to get to the office to find we'd got it wrong.

Sorry Hector. ยต

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Comments
AMD is reading!

At least AMD is reading it!

Dear, AMD:
Could you please come up with an above-2.6ghz quad-core part?
I dare you.

posted by : BoldEagle, 17 December 2007 Complain about this comment
Ruiz didn't get a raise last week

How do they know his bedroom partner didn't excite him?

posted by : Ron Hughes, 17 December 2007 Complain about this comment
At least some "reality" left at AMD

After reading comments re: raise, I next expected to see AMD execs heading to rendezvous w/ Hale-Bopp comet. 

If they can grasp w/ just a little more "reality", perhaps someone at AMD will come up w/ the ingenious idea to Sack Hector!?! This could actually be some "real" positive news that the market, analysts and AMD stock might respond well. Instead, all we get are slides of promised future chips & platforms that will inevitably be poorly executed, late and fall short of expectations. Or are we all to just think that AMD is "just kidding" with all this K10 mess and from here on out, they're going to magically get it right?

Yeah...sure.

posted by : TheTick, 17 December 2007 Complain about this comment
or

Dear, AMD:
Could you please come up with ... a part?

posted by : pe, 17 December 2007 Complain about this comment
Lol...

Good comment bald eagle!

And AMD please fire Hector -- note "Hectoring" is defined in the dictionary as intimidating, dominating or tyranising --- what you need is some leadership, you've been Hectored enough already...

posted by : jamie, 18 December 2007 Complain about this comment
Non-denial denial

The AMD explanation, as with most of their statements, were just a bit wordy and hard to follow the truth on.

How about he earned X last year and Y this year? The cynic in me thinks that AMD's reference to compensation includes more than just salary (options may have been worth more in 2006 than 2007, given AMD stock trend?)

How about following up on the followup, and getting ACTUAL SALARY numbers - not fungible words like 'compensation'. Given AMD's recent trend with the truth, I tend to question the veracity of their statemen, and find it interesting thet didn;t just say look his salary was 'X' last year and 'Y' this year,

posted by : joe, 18 December 2007 Complain about this comment
AMD: We, Uh, Nah Wha..!?

I saw this coming from quite a few sources, not only INQ.

Frankly, everything smells coming from AMD. You just can't trust any information coming from them. It would not suprise me in the least if the raise actually happened but they were able to effectively roll it back due to bad publicity.

AMD is the model of disfunction. It's not only the fact that they aren't competitive - the problem is they are broken and can't be trusted to tell the truth. The man (Ruiz) should have been fired long ago or never hired in the first place. This is now just a matter of watching wreck in slow-motion and estimating how much damage will eventually be done. Grab the popcorn. 

Raise, or no raise, Hector is getting way too much money for sinking this ship...

posted by : Dan Asti, 18 December 2007 Complain about this comment
Reading Doesnt mean Caring

Phenom to Core 2 is Like 5700FX with a trashy fan to 9700PRO. DAAMIT ought to buy a good CPU company because thats how it got K6. OOPs sorry if you AMD Fan Bois get a little steamed at that. Phenom gets a little hot to when It's oc'ed to compete with intel chippery. Less heat, More power, afordability and MARKET COMPETITION are what we need.
<br>
PS: if Ruiz gets AMD out of its current hole than he ought to get a fat wad of dosh. work now pay later. Mess up and you dont get paid a dime.

posted by : The Oregonian Yankee, 18 December 2007 Complain about this comment
Dear AMD,

Since people out in AMD land actually read this, screw you for crapping on 939 AMD, I'm going Intel.

posted by : meelk, 18 December 2007 Complain about this comment
Damages Award

Poor Hector!
He *needs* a raise to reward him for leading AMD right in deep shite...that's a new management concept experimented in AMD:

"More a manager is useless, more you pay him."

Great idea AMD!
That's why you're now in deep do-do!

By the way, the Inquirer has misunderstood the way this compensation system works in AMD...

...we're not going to increase his wager
at each quarter, when we're shown how much damaging he *could be*!

...we only increase it at the Year's End
when all damages are sure like death! 

Well...it's obvious...may be that, by Year's End, he could had a bad idea and we could stop our "immersion"!

posted by : Shadowhunter, 18 December 2007 Complain about this comment
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