Ruiz begins to consolidate his powerbase and cabinet.
Al
AMD Names Robert J. Rivet Chief Financial Officer
SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 28, 2000--AMD today announced the appointment of former Motorola
executive Robert J. Rivet, 46, as senior vice president and chief financial officer. Rivet will report to Hector de J. Ruiz, president
and chief operating officer of AMD. For three years prior to joining AMD, Rivet served as senior vice president and director of
finance of the Semiconductor Products Sector of Motorola. In that capacity, he reported to Ruiz until the latter joined AMD in
January of this year.
``Bob Rivet was a key member of the team that drove the strategic renewal of the Semiconductor Products Sector,'' said Hector. ``His experience in dealing with a
wide range of issues equips him well to make important contributions at AMD, and we are thrilled to have a man of his caliber join the team''.
A 24-year veteran of Motorola, Rivet has extensive experience in the semiconductor industry, having served in a number of positions in Motorola semiconductor
operations since 1981. Rivet initially joined Motorola in 1976 as a senior financial analyst and senior accountant. He holds an MBA degree from the University of
Texas Graduate School of Business, and a BS degree in accounting from Northern Illinois University.
Rivet will replace Francis P. Barton. Barton will remain at AMD to assist Rivet during a transition period. ``I would like to recognize and thank Fran Barton for his
significant contributions to the company during his tenure here,'' concluded Ruiz.
About AMD
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United
States, Europe, Japan, and Asia. AMD produces microprocessors, flash memory devices, and support circuitry for communications and networking applications.
Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $2.9 billion in 1999. (NYSE: AMD - news). |
