When AMD announced that it would part with 10% of its workforce earlier this week, we didn't quite suspect that one of those to leave would be the company's Chief Technology Officer. Yet according to a news blurb by MarketWatch, AMD has announced that Phil Hester is stepping down as the company's CTO and Vice President.
MarketWatch says Hester intends to pursue "other opportunities" and that his departure is effective today. Puzzingly, AMD has reportedly stated that it has no intention of replacing him. We'll bring you more on this as it develops—stay tuned.
Update: News.com reports that, with Hester gone, the CTO's job will be split up across AMD's individual businesses. "As of next week, the individual CTOs will report to their business unit leaders, such as Mario Rivas, head of the processor group. One exception will be the accelerated computing initiative, which will report directly to President and COO Dirk Meyer."