2013-01-05

AMD names Devinder Kumar CFO

AMD names Devinder Kumar CFO


SUNNYVALE, Calif. — AMD announced it has appointed interim CFO Devinder Kumar to the full time role of senior vice president and chief financial officer, effective Jan. 2, ending a three-month search.

Kumar, 57, who has been interim CFO since September 2012 following the departure of Thomas Seifert, will report directly to AMD’s CEO Rory Read, and will be responsible for leading the company’s global finance organization.

A 28-year veteran of the chip company, Kumar previously served as corporate controller at AMD since 2001 and as senior vice president since 2006.

Read said Kumar would drive forward a new business model in the near term, while aiming to strengthen AMD’s long-term financial foundation.

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