AMD loses COO after CEO

 

Flushing out chips on netbooks?

A month after Advanced Micro Devices chief executive Dirk Meyer resigned, the server and desktop chip maker has lost its chief operating officer, Bob Rivet.

AMD issued a brief statement to the US Securities and Stock Exchange that Rivet would leave on February 8, 2011.

Rivet, a Motorola veteran, had joined AMD as its chief financial officer in 2000, but in 2008 was appointed chief operating officer.

Rivet's former superior Meyer had reportedly resigned after a dispute with AMD's board over its mobile strategy.

In October last year Meyer told investors that even though Apple's iPad was eating into demand for laptops, AMD would wait for the market to grow.

Rivet, incidentally, was responsible for selling AMD's Imageon mobile phone media processing chips to Qualcomm, according to Information Week.

The mobile media chip business went for US$65 million in 2009 at a time when observers still wondered whether Qualcomm's Snapdragon processor could be anything more than vapourware.

AMD also announced today that Marty Seyer, its senior vice president for corporate strategy, will leave the company.

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