-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BkYWd782/GFYi8tZBjUkJke/WaQ8I/MZNjiMB73LH7bkbk3lKTgxNVwwEkVTfOnH IcLI0k5ngAwCsx/la26TfA== 0001193125-11-052321.txt : 20110301 0001193125-11-052321.hdr.sgml : 20110301 20110301170137 ACCESSION NUMBER: 0001193125-11-052321 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110224 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110301 DATE AS OF CHANGE: 20110301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07882 FILM NUMBER: 11652701 BUSINESS ADDRESS: STREET 1: ONE AMD PL STREET 2: MS 68 CITY: SUNNYVALE STATE: CA ZIP: 94088-3453 BUSINESS PHONE: 4087322400 MAIL ADDRESS: STREET 1: ONE AMD PLACE STREET 2: MS 68 CITY: SUNNYVALE STATE: CA ZIP: 94088-3450 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

February 24, 2011

Date of Report (Date of earliest event reported)

 

 

ADVANCED MICRO DEVICES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-07882   94-1692300
(State of Incorporation)  

(Commission

File Number)

 

(IRS Employer

Identification Number)

One AMD Place

P.O. Box 3453

Sunnyvale, California 94088-3453

(Address of principal executive offices) (Zip Code)

(408) 749-4000

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Base Salary

On February 24, 2011, the Compensation Committee of the Board of Directors of Advanced Micro Devices, Inc. (the “Company”) approved an increase to the base salary of Mr. Thomas J. Seifert, the Company’s Senior Vice President, Chief Financial Officer and Interim Chief Executive Officer, from $525,000 to $606,000, effective July 1, 2011.

Election of Director

The Company’s Board of Directors appointed Henry WK Chow as a director, effective February 26, 2011. In addition, Mr. Chow will be appointed to the Nominating and Corporate Governance Committee of the Board of Directors.

Mr. Chow will receive similar compensation as the Company provides to non-employee independent directors, which are described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 5, 2010. On February 26, 2011, Mr. Chow was granted 28,125 restricted stock units, which will vest in equal installments on the anniversary of the date of grant over three years.

There was no arrangement or understanding between Mr. Chow and any other persons pursuant to which Mr. Chow was selected as a director.

A copy of the press release announcing Mr. Chow’s appointment is attached as Exhibit 99.1 hereto.

ITEM 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.

  

Description

99.1    Press Release dated March 1, 2011.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 1, 2011   ADVANCED MICRO DEVICES, INC.
  By:  

/s/ Faina Medzonsky

  Name:   Faina Medzonsky
  Title:   Assistant Secretary


Exhibit Index

 

Exhibit

No.

 

Description

99.1   Press Release dated March 1, 2011.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

NEWS RELEASE

Contact:

Thomson Chan

AMD China Public Relations

86- 13911752381

thomson.chan@amd.com

Brenda Rarick

US AMD Public Relations

512-602-8475

brenda.rarick@amd.com

Ruth Cotter

AMD Investor Relations

408-749-3887

ruth.cotter@amd.com

AMD Appoints Henry Chow to Board of Directors

SUNNYVALE, Calif. — March 1, 2011 — AMD (NYSE: AMD) today announced that Henry Chow, 65, has been appointed to the company’s board of directors. Chow spent more than 40 years at IBM, holding various leadership positions in IBM throughout the Asia Pacific region. He spent more than a decade as General Manager of IBM’s Greater China Group, with responsibility for overseeing IBM’s operations in China, Hong Kong, and Taiwan.

“Henry’s experience and insight gained by overseeing a multi-billion dollar technology business in China are invaluable assets to AMD,” said Bruce Claflin, executive chairman, AMD Board of Directors. “China is one of the most important technology markets in the world and AMD is committed to furthering our growth in the Greater China region.”

During his career, Chow held a variety of management and marketing positions in services, systems engineering, sales and marketing and human resources. Prior to his retirement from IBM in 2009, Chow was general manager and then chairman of the IBM Greater China Group. Prior to these positions, Chow was general manager of the IBM PC Company for Asia Pacific South, overseeing IBM’s personal computer business throughout the region, excluding Japan. He also held positions as assistant managing director of Services for IBM Australia, general manager of IBM Taiwan, and director of Operations for IBM Hong Kong. Chow joined IBM in 1968 as a programmer trainee.

Chow currently serves as an IBM corporate business advisor and previously served as a member of the Board of Trustees at Tongji University. Chow holds a bachelor’s degree in Electrical Engineering from the University of Hong Kong.


About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its ground-breaking AMD Fusion Accelerated Processing Units (APUs). AMD’s graphics and computing technologies power a variety of solutions including PCs, game consoles and the servers that drive the Internet and businesses. For more information, visit http://www.amd.com.

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Advanced Micro Devices, Inc. AMD, the AMD Arrow logo, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

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