View Full Version : Hector Ruiz to be replaced
GripS
11-17-2007, 01:12 PM
http://www.dailytech.com/article.aspx?newsid=9687
Looks like the rumor was correct. Just the date was wrong.
Probably see this posted as soon as i submit the thread. Hopefully not though.
Zytek_Fan
11-17-2007, 01:15 PM
Yes! One of the worst leaders in corporate America EVER is leaving! :D :D
about time:D
:woot: :banana3: :banana3: :banana3: :banana3: :banana3:
HousERaT
11-17-2007, 01:18 PM
:party2:
Wonderful news.........
:party:
Shintai
11-17-2007, 01:20 PM
Wutt! AMD got a chance of survieving now!:woot: :surf: :party: :party2: :rocker: :cheer: :YIPPIE:
Zytek_Fan
11-17-2007, 01:21 PM
Wutt! AMD got a chance of survieving now!
QFT! :up:
The day he leaves, there will be much rejoicing. Here and probably at AMD too. :rofl:
twilyth
11-17-2007, 01:21 PM
That purchase by the Dubhie's is starting to make sense. They might not have anyone one the board, but a couple hundred million bucks gives you some clout.
That purchase by the Dubhie's is starting to make sense. They might not have anyone one the board, but a couple hundred million bucks gives you some clout.
lol! The purchase makes sense as soon as it's confirmed Hector's leaving:rofl:
knightwolf654
11-17-2007, 01:41 PM
party at my place!
:toast: :banana2: :banana: :dj: :party2: :guitar: :bday2: :bounces: :cheer2: :rocker: :banana3: :rehab: :bananal: :party: :party3: :cheer: :bounce: :YIPPIE:
whos bringing the little winers! :D
Jimmer411
11-17-2007, 01:42 PM
w00t!
Next fud article will read "New Intel marketing chief to be announced monday!"
twilyth
11-17-2007, 01:52 PM
w00t!
Next fud article will read "New Intel marketing chief to be announced monday!"
Oh god, could we be that lucky?
Jimmer411
11-17-2007, 01:55 PM
Oh god, could we be that lucky?
haha I dont think its benefitial for either company to be uncompetitive at this point.
I wouldnt wish this idiot on my worst enemy.
Btw check out his forbes profile. http://www.forbes.com/finance/mktguideapps/personinfo/FromPersonIdPersonTearsheet.jhtml?passedPersonId=9 39780
Look at all that stock! He became CEO on my birthday :mad:
Zytek_Fan
11-17-2007, 01:58 PM
For all the things he's done for AMD, his compensation should be 1/10 of that.
Jimmer411
11-17-2007, 02:02 PM
party at my place!
:toast: :banana2: :banana: :dj: :party2: :guitar: :bday2: :bounces: :cheer2: :rocker: :banana3: :rehab: :bananal: :party: :party3: :cheer: :bounce: :YIPPIE:
whos bringing the little winers! :D
OMG that avitar is killing me hahaha! Did you just replace your old one with it? haha I said replace haha
knightwolf654
11-17-2007, 02:03 PM
holy wow, no way he should be payed that much. jeez bush does more for less jeez!
anyone wish for a new avatar :D
http://i22.photobucket.com/albums/b324/knightwolf654/avatar.jpg
edit: yup just did it and i love it!
zabomb4163
11-17-2007, 02:09 PM
how many people in this thread actually read the link??
"TheStreet.com now reports that sources are telling it that AMD CEO Hector Ruiz is possibly stepping down from his post"
"However, reports say that there is no set time frame for a change of power at AMD. "
knightwolf654
11-17-2007, 02:10 PM
i read it and understood it, we will find out for sure april 28 2008
Trouffman
11-17-2007, 02:12 PM
Yeah so great news !!!!!
but maybe we won't see AMD logo on Ferrari anymore :rolleyes:
Zytek_Fan
11-17-2007, 02:12 PM
Yeah so great news !!!!!
but maybe we won't see AMD logo on Ferrari anymore :rolleyes:
No we will. AMD quite likes Ferrari ;)
n91htmare
11-17-2007, 02:13 PM
Hector had no part in K8 while he was CEO....
K8 pretty much sold itself because it was a Killer architecture.
Everything under Hector's watch has gone downhill....need I say more?
JumpingJack
11-17-2007, 02:20 PM
Hector had no part in K8 while he was CEO....
K8 pretty much sold itself because it was a Killer architecture.
Everything under Hector's watch has gone downhill....need I say more?
In terms of the K8 being a good product, yes... and when AMD got to the point they could deliver in volume, it really made a difference.
However, I would tend to disagree ... in part. Hector orchistrated bringing AMD out of the doldrums of being a second rate supplier to a credible player. He pushed the customer centric culture and philosophy and under his watch penetrated markets AMD has never ever been before.
That does not mean his departure would not be a good thing, the current strategy of market share at all costs is driving the company into the ground.
n91htmare
11-17-2007, 02:26 PM
In terms of the K8 being a good product, yes... and when AMD got to the point they could deliver in volume, it really made a difference.
However, I would tend to disagree ... in part. Hector orchistrated bringing AMD out of the doldrums of being a second rate supplier to a credible player. He pushed the customer centric culture and philosophy and under his watch penetrated markets AMD has never ever been before.
That does not mean his departure would not be a good thing, the current strategy of market share at all costs is driving the company into the ground.
exactly...his philosophy is MARKET SHARE! well, that's all dandy and went in his favor when he had a competing product to work with. It's not hard to gain market share when your product is superior to the competition.
The true test of a CEO is how he/she manages a company in hard times. What choices are made? how a CEO keeps a company afloat during hard times...
BUT Hector has not shown such leadership, i'm sorry to say. He doesn't want to adjust his strategy and is stuck with the market share philosophy.... Well this clearly shows that unless he has a competing product, he can't do didly squat.
JumpingJack
11-17-2007, 02:31 PM
exactly...his philosophy is MARKET SHARE! well, that's all dandy and went in his favor when he had a competing product to work with. It's not hard to gain market share when your product is superior to the competition.
The true test of a CEO is how he/she manages a company in hard times. What choices are made? how a CEO keeps a company afloat during hard times...
BUT Hector has not shown such leadership, i'm sorry to say. He doesn't want to adjust his strategy and is stuck with the market share philosophy.... Well this clearly shows that unless he has a competing product, he can't do didly squat.
I think we are on the same page.... it is easy to navigate a company to success when your flagship product is second to none.
However, the strategies post-success failed to really take advantage of the momentum he had going into a 'down' period, and frankly the scortched earth pricing policy was the wrong thing to do to remain healthy.
My opinion is Hector aspired to grow big too fast. I think the Toyota model would have been more appropriate.
Zytek_Fan
11-17-2007, 02:34 PM
In other news:
After hearing the news of Hector Ruiz being replaced, AMD employees started several bonfires in the parking lot with office furniture accompanied with much rejoicing.
Calmatory
11-17-2007, 03:26 PM
What has Hector Ruiz done really? AMD has fallen, is it Hector's fault? I blame Intel for that!
mstp2009
11-17-2007, 03:37 PM
What has Hector Ruiz done really? AMD has fallen, is it Hector's fault? I blame Intel for that!
I don't blame Intel for it at all.
Mistake 1 - Hector has FAILED to deliver a comparable product to C2D in a timely fashion. AMD knew for a long time where Intel was headed. All they had to do was look at the IPC and clock for Dothan and then Yonah. Yet he failed to prepare his company to have a response.
Mistake 2 - ATI purchase - RIGHT COMPANY, wrong time. AMD finally had reached profitability for the first time in years (on a year over year basis). And instead of using that much needed capital to finalize plans for fabs (which in all honesty is going to be the ONLY way to compete w/ Intel on an equal basis), he steered the company to buy ATI. AMD needed the technology infusion to compete in the future, no doubt. But I believe they could have waited 1-2 years and not lost anything but large loan payments.
Mistake 3 - shafting their OLD smaller customers for the big OEMs. HP and Dell had no problems getting their hands on AM2 90 and 65nm chips soon after they were announced. But the little guys, which have kept AMD afloat all these years, couldn't buy squat because the "channel was empty." And strictly from an economics perspective that doesn't make much sense b/c the little guys don't get the same volume pricing. AMD could have gotten MORE money for the SAME chips.
And I can go on (and on and on).
Anyone else remember how Hector drove the PowerPC division at Motorola into the ground? History repeats itself.
In addition to Hector getting canned, the entire BOARD at AMD should get canned.
Shintai
11-17-2007, 03:45 PM
Actually they didnt need ATI at all. They could have done like Intel. Tho Intel now targets more than "fusion". The target now is also nVidia and high margin performance cards.
So they basicly payed 5.5billion for something they could have used a few 100mil (worst case) or less to develop inhouse.
I´m sure people thought they bought a glooming business that could make a profit. But it was a shame that ATIs main revenue and profit was Intel chipsets.
[XC] gomeler
11-17-2007, 03:46 PM
but maybe we won't see AMD logo on Ferrari anymore :rolleyes:
AMD wants Ferrari Cake, not Acura cake!
n91htmare
11-17-2007, 03:50 PM
What has Hector Ruiz done really? AMD has fallen, is it Hector's fault? I blame Intel for that!
What?
How can you blame your failure on another company?
You blame Intel for AMD failing to launch a competing product on time?
YOu blame Intel for Buy ATI at the WRONG TIME and being out 5 Billion which they could have used during these hard times...
You blame Intel for Constant delays?
Come on man, give me a break.
Intel is in this to make money. Sure they priced their chips competitively to a point where AMD had to sell them dirt cheap. Well too freakin bad, if AMD had a competing product ready to whoop C2D's ass, they could have controlled the pricing.
Not only that but remember $300 X2 3800+? AMD milked us Good, real good. Shouldn't have been this greedy... AMD should have known that their ASP is not gonna stay the same.
it's bad choices, plain and simple. Choices that Hector had control over. He made bad decisions which has led AMD to where it is now, There's a price to pay for it....sadly.
JumpingJack
11-17-2007, 04:00 PM
What?
it's bad choices, plain and simple. Choices that Hector had control over. He made bad decisions which has led AMD to where it is now, There's a price to pay for it....sadly.
good point
EvlUndrWareNome
11-17-2007, 04:08 PM
party at my place!
:toast: :banana2: :banana: :dj: :party2: :guitar: :bday2: :bounces: :cheer2: :rocker: :banana3: :rehab: :bananal: :party: :party3: :cheer: :bounce: :YIPPIE:
whos bringing the little winers! :D
agreed.
hollo
11-17-2007, 04:32 PM
Replaced?!
What's Wrong With Lynched :rotf:
`danny
11-17-2007, 09:56 PM
party at my place!
:toast: :banana2: :banana: :dj: :party2: :guitar: :bday2: :bounces: :cheer2: :rocker: :banana3: :rehab: :bananal: :party: :party3: :cheer: :bounce: :YIPPIE:
whos bringing the little winers! :D
lol love the avatar
Brother Esau
11-18-2007, 01:02 AM
Wutt! AMD got a chance of survieving now!:woot: :surf: :party: :party2: :rocker: :cheer: :YIPPIE:
Shintai comes out of the closet officially.....lol,,,right on Brother:toast:
saaya
11-18-2007, 02:03 AM
YESSSSSSSSSSSSSS!!!!!!!!!
:banana: :hammer: :eleph: :rocker: :toast: :banana3: :party3: :party: :guitar: :cheer: :bday2: :bounces: :bounce: :YIPPIE:
whoohoooooooo :D
brother essau, look back at amd when jerry sanders was the head honcho at amd.
he left amd in the best position they could possibly be in.
As soon as the work from Jerry sanders wore off amd started a downslide until today.
Say what you want, maybe its not hectors fault directly and its other peoples mistakes that lead to this, but if your head of a company and the company is going towards bankrupcy its your fault, theres no denying it.
Rovtar
11-18-2007, 02:13 AM
good news
savantu
11-18-2007, 02:24 AM
Actually they didnt need ATI at all. They could have done like Intel. Tho Intel now targets more than "fusion". The target now is also nVidia and high margin performance cards.
So they basicly payed 5.5billion for something they could have used a few 100mil (worst case) or less to develop inhouse.
I´m sure people thought they bought a glooming business that could make a profit. But it was a shame that ATIs main revenue and profit was Intel chipsets.
There is a finite amount of resources in every company.It's hard to get plenty of good , experienced engineers and SW developers , make a product and attack the king of the hill ( Nvidia in GPUs ).
AMD needs to compete with Intel in :
-high perf MPUs
-low power low cost MPUs ( Silverthorne )
-integrated graphics
-chipsets
-high end graphics
-minicores ( Larrabee , Polaris )
Basically , having 6 more people means you can do more things at once.
In my view , AMD will be forced to give up their expansion plan , cut R&D dramatically and entrench itself in a market where Intel is less willing to compete ( consumer electronics , low power , low cost products , low cost PCs ).
Brother Esau
11-18-2007, 02:25 AM
Actually I was bummed out when it was said to be a rumor:D
However, reports say that there is no set time frame for a change of power at AMD. Ruiz's 5-year contract expired in April 2007, but was renewed for a one-year extention until April 26, 2008.
DoubleZero
11-18-2007, 06:22 AM
omg Ruiz is going to be replaced by Dirk Meyer:
In this role, he shares leadership and management of AMD with Chief Executive Officer and Chairman of the Board Hector Ruiz.
The only thing that changes it that AMD will stop paying Hector, other then that...
Nasgul
11-18-2007, 06:37 AM
So, you guys are celebrating the departure of a failure for another victim to arrive and become the next failure?
You guys make me LMAO.......:ROTF:
saaya
11-18-2007, 06:54 AM
yes nasgul, amd will never be succesfull :rolleyes:
Rock&Roll
11-18-2007, 07:12 AM
In my view , AMD will be forced to give up their expansion plan , cut R&D dramatically and entrench itself in a market where Intel is less willing to compete ( consumer electronics , low power , low cost products , low cost PCs ).
So you're thinking that AMD will have to regress back to the days of the K6 and K7, where their chips were smaller and less expensive than the Intel? Honestly, I could see that happening. But, I'm hoping they drop some ungodly great product on us, that will help level the playing field again. Chances of that happening......none. It is truly shameful what has happened to AMD in the past few years.
Start
11-18-2007, 08:23 AM
Okay one more cheapshot :D I think I picked the right date for his departure.
savantu
11-18-2007, 08:40 AM
So you're thinking that AMD will have to regress back to the days of the K6 and K7, where their chips were smaller and less expensive than the Intel? Honestly, I could see that happening. But, I'm hoping they drop some ungodly great product on us, that will help level the playing field again. Chances of that happening......none. It is truly shameful what has happened to AMD in the past few years.
It's not about products anymore ; it's simple economics : money and economies of scale.
2005 was a year were AMD had a superior product , yet , financially it was Intel's best year in the firm's history.
It ultimately boils down to FABs and process size.AMD doesn't have the money to maintain itself in the process race ; they spent it on ATI.
saaya
11-18-2007, 09:35 AM
Okay one more cheapshot :D I think I picked the right date for his departure.
:rofl: :ROTF: :up:
It ultimately boils down to FABs and process size.AMD doesn't have the money to maintain itself in the process race ; they spent it on ATI.
very well said :yepp:
you cant take an underdog company and turn it into the industry leader producing the biggest most expensive and complex chips like that, and hector tried just that while CUTTING DOWN r&d, lol :stick:
FischOderAal
11-18-2007, 09:46 AM
hopefully Hector has enough decency to leave without taking Millions of Dollars...
savantu
11-18-2007, 10:25 AM
hopefully Hector has enough decency to leave without taking Millions of Dollars...
Last year he was paid 2x compared to Intel's CEO.
I bet he will earn close to 3x this year.There is an inverse relation between payment and performance at AMD.
I guess he can stay until april 2008 because it's cheaper for AMD that way
FischOderAal
11-18-2007, 10:39 AM
Last year he was paid 2x compared to Intel's CEO.
I bet he will earn close to 3x this year.There is an inverse relation between payment and performance at AMD.
:haha: good one!
Ulver
11-18-2007, 10:51 PM
I don't blame Intel for it at all.
Mistake 1 - Hector has FAILED to deliver a comparable product to C2D in a timely fashion.
Mistake 2 - ATI purchase - RIGHT COMPANY, wrong time.
Mistake 3 - shafting their OLD smaller customers for the big OEMs. HP and Dell had no problems getting their hands on AM2 90 and 65nm chips soon after they were announced.
;) :clap: