Ruiz Steps Down, AMD Names New Chairman
The reign of Hector Ruiz is now officially over at AMD: Bruce Claflin has been appointed Chairman of its Board of Directors, while the former Chairman will retire as head of The Foundry Company.
March 3, 2009
“Bruce Claflin brings a wealth of business experience that applies directly to the challenges and opportunities relevant to our company,” said Dirk Meyer, president and chief executive officer of AMD.
In addition, AMD has added a new name to its Board of Directors: Waleed Al Mokarrab, the Chief Operating Officer of Mubadala.
His primary responsibilities are to oversee Mubadala’s operational and business development activities, including the company's international acquisitions and business development activities. Prior to joining Mubadala, Mr. Al Mokarrab worked with the UAE Offsets Group as a Senior Projects Manager and with McKinsey & Company as a Consultant.