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AMD is in no rush to find its next CEO

It has a strong management team
Fri Jul 22 2011, 15:20

CHIP DESIGN HOUSE AMD is taking its time looking for a new CEO, according to a comment made during its latest conference call about quarterly financial results.

The firm has been without a CEO for some time now and has some pretty big names turn down the corner suite at its head office and top slot at its conference tables.

That seat has been vacant since Dirk Meyer left AMD in January, and since then Apple's COO Tim Cook, Oracle's co-president Mark Hurd, EMC's COO Pat Gelsinger and Carlyle Group managing director Greg Summe have all turned down the job, according to reports.

That's okay though, as while no one is in a rush to take the CEO job, so is the firm not in a rush to hire anyone.

"Meeting a timeline is not the driving force for the search," said Harry Wolin, AMD's SVP and general counsel during a conference call heard by the Wall Street Journal. "Finding the right candidate is," he said.

Finding the right candidate, or even one that is prepared to sit down and discuss the role does seem to be a bit of a challenge. Mind you, perhaps that is to be expected, particularly when you recall the rather swift boot that Meyer got.

Whether any of the remaining chip technology industry heavyweights we have come to know will decide to accept the role as AMD's next CEO remains to be seen. µ


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