Top sales official at AMD steps down

The top salesman for Advanced Micro Devices Inc. is headed for the exit as the world's No. 2 microprocessor maker is set to release a long-awaited product the company hopes will reduce growing losses and revive its sales.

Henri Richard, the chipmaker's worldwide sales chief, is leaving the company in September, AMD said in a prepared statement late Wednesday. Richard is resigning "of his own accord and on completely amicable terms," the company said.

Richard, known for his sharp suits and frank comments about AMD's much-larger rival Intel Corp., oversaw AMD's international sales force and corporate marketing initiatives. AMD's global sales and marketing organization will now report directly to Chief Executive Hector Ruiz, the company said.

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- Posted: 2007-08-23 09:54:12

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