News February 3, 22:37 Eastern Time
AMD: Richard Forte resigns as Chief Executive of Vantis Corporation
FEB 3, 1999, M2 Communications - SUNNYVALE, CA -- AMD and its wholly owned subsidiary, Vantis Corporation, today announced that Richard Forte has resigned as president and chief executive officer of Vantis.
Richard Previte, chairman of the board of Vantis, will serve as acting CEO pending appointment of a successor to Forte. Frank Barone, chief operating officer of Vantis, will serve as acting president.
About AMD
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $2.5 billion in 1998. (NYSE: AMD).
About Vantis
Vantis provides high-performance programmable logic solutions for communications and industrial applications. Vantis is headquartered in Sunnyvale, California, and has several offices in the United States, Europe, Japan and the Pacific Rim.
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