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.
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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.
Yes! One of the worst leaders in corporate America EVER is leaving! :D :D
about time:D
:woot: :banana3: :banana3: :banana3: :banana3: :banana3:
:party2:
Wonderful news.........
:party:
Wutt! AMD got a chance of survieving now!:woot: :surf: :party: :party2: :rocker: :cheer: :YIPPIE:
QFT! :up:Quote:
Originally Posted by Shintai
The day he leaves, there will be much rejoicing. Here and probably at AMD too. :rofl:
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:Quote:
Originally Posted by twilyth
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
w00t!
Next fud article will read "New Intel marketing chief to be announced monday!"
Oh god, could we be that lucky?Quote:
Originally Posted by Jimmer411
haha I dont think its benefitial for either company to be uncompetitive at this point.Quote:
Originally Posted by twilyth
I wouldnt wish this idiot on my worst enemy.
Btw check out his forbes profile. http://www.forbes.com/finance/mktgui...ersonId=939780
Look at all that stock! He became CEO on my birthday :mad:
For all the things he's done for AMD, his compensation should be 1/10 of that.
Quote:
Originally Posted by knightwolf654
OMG that avitar is killing me hahaha! Did you just replace your old one with it? haha I said replace haha
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/b3...654/avatar.jpg
edit: yup just did it and i love it!
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. "
i read it and understood it, we will find out for sure april 28 2008
Yeah so great news !!!!!
but maybe we won't see AMD logo on Ferrari anymore :rolleyes:
No we will. AMD quite likes Ferrari ;)Quote:
Originally Posted by Trouffman
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.Quote:
Originally Posted by n91htmare
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.Quote:
Originally Posted by JumpingJack
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.Quote:
Originally Posted by n91htmare
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.
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.
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.Quote:
Originally Posted by Calmatory
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.
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.
AMD wants Ferrari Cake, not Acura cake!Quote:
Originally Posted by Trouffman
What?Quote:
Originally Posted by Calmatory
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.
good pointQuote:
Originally Posted by n91htmare
agreed.Quote:
Originally Posted by knightwolf654
Replaced?!
What's Wrong With Lynched :rotf:
lol love the avatarQuote:
Originally Posted by knightwolf654
Quote:
Originally Posted by Shintai
Shintai comes out of the closet officially.....lol,,,right on Brother:toast:
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.
good news
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 ).Quote:
Originally Posted by Shintai
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 ).
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.
omg Ruiz is going to be replaced by Dirk Meyer:
The only thing that changes it that AMD will stop paying Hector, other then that...Quote:
In this role, he shares leadership and management of AMD with Chief Executive Officer and Chairman of the Board Hector Ruiz.
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:
yes nasgul, amd will never be succesfull :rolleyes:
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.Quote:
Originally Posted by savantu
Okay one more cheapshot :D I think I picked the right date for his departure.
It's not about products anymore ; it's simple economics : money and economies of scale.Quote:
Originally Posted by Rock&Roll
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.
:rofl: :ROTF: :up:Quote:
Originally Posted by SP33DFR34K
very well said :yepp:Quote:
Originally Posted by savantu
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:
hopefully Hector has enough decency to leave without taking Millions of Dollars...
Last year he was paid 2x compared to Intel's CEO.Quote:
Originally Posted by FischOderAal
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
:haha: good one!Quote:
Originally Posted by savantu
;) :clap:Quote:
Originally Posted by mstp2009