SUNNYVALE, Calif. — AMD (NYSE: AMD) announced that its Board of Directors has appointed Rory P. Read, 49, President and Chief Executive Officer of AMD, effective today. Mr. Read has also been appointed to the Company’s board of directors.

Read joins AMD from Lenovo Group, Ltd., where he was most recently President and Chief Operating Officer responsible for leading day-to-day global operations while overseeing the development and implementation of the company’s growth strategy.

“Rory is a proven leader with an impressive record of driving profitable growth,” said Bruce Claflin, Chairman of AMD's Board of Directors. “He is ideally suited to accelerate AMD’s evolution into the world’s leading semiconductor design company. As President and COO of Lenovo he helped take the company into dynamic new markets while growing market share and expanding profitability. His sound strategic thinking and natural customer orientation will help amplify the voice of the customer inside AMD.”

Read the full press release.

{complink 103|Advanced Micro Devices Inc. (AMD)}