AMD heeft vandaag bekend gemaakt dat ze na april 2002 een nieuwe chief executive officer zullen krijgen. Opa Jerry zal dan plaats maken voor Hector de J. Ruiz, nu de chief operating officer. Jerry Sanders zal echter niet compleet van het toneel verdwijnen bij AMD, in 2003 zal hij de voorzitter worden van de raad van bestuur:
AMD announced today that its board of directors and W.J. Sanders III, chairman and chief executive officer, have agreed that Mr. Sanders will serve as CEO until the annual shareholder meeting in April of 2002.
At that time the board expects that Dr. Hector de J. Ruiz, president, chief operating officer, and a member of the board of directors, will succeed Mr. Sanders as CEO. Under his amended agreement, Mr. Sanders will serve as chairman of the board through 2003.
``We are extremely pleased with our plan for a seamless leadership transition,'' said Charles M. Blalack, chairman of the compensation committee of the board of directors. ``Jerry Sanders is one of the true visionary leaders of the semiconductor industry, and of course the driving force of AMD since its founding over 30 years ago. While Jerry will step down as chief executive officer in April of 2002, our agreement assures that AMD will continue to have the benefit of his active involvement in vision, strategy and key industry relationships.''