More leadership changes are underway at AMD. According to the The Wall Street Journal, the chipmaker has announced the departure of three key executives: Computing and Graphics General Manager John Byrne, Chief Marketing Officer Colette LaForce, and Chief Strategy Officer Rajan Naik.
While AMD says the executives are all leaving to "pursue new opportunities," the company also told the Journal that their departure is "part of implementing an optimal organization design and leadership team to drive AMD’s future growth." Hmm. Sounds like this exodus might not have been strictly voluntary.
This news follows AMD's recent change of CEO, which saw Lisa Su take over the reins from Rory Read. The CEO swap immediately preceded a lackluster earnings release and the announcement of a 7% staff cut across the company. According to the Journal, Su is trying to revamp AMD in order to "help find new revenue growth."