AMD Promotes Atiq Raza.SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 27, 1998--AMD announced today the promotion of S. Atiq Raza to the post of co-chief operating officer, a position he will share with President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Richard Previte. Raza, 49, is executive vice president, chief technical officer, and a member of the board of directors of AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. . Previte, 63, a 29-year veteran of AMD, has served as president and chief operating officer since 1990. "Rich Previte will work closely with Atiq Raza to assure a smooth and orderly transition in anticipation of his assumption of the post of president and chief operating officer at the 1999 annual shareholder meeting," said W.J. Sanders III, chairman and chief executive officer. "At that time, Rich Previte will move up to vice chairman." About AMD AMD is a global supplier of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. , AMD had revenues of $2.4 billion in 1997. (NYSE NYSE See: New York Stock Exchange :AMD). |
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