{"id":29174,"date":"2013-01-03T09:07:49","date_gmt":"2013-01-03T07:07:49","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=29174"},"modified":"2013-01-03T12:55:14","modified_gmt":"2013-01-03T10:55:14","slug":"amd-names-new-cfo","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/29174\/amd-names-new-cfo\/","title":{"rendered":"AMD names new CFO"},"content":{"rendered":"<p><a title=\"Advanced Micro Devices\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2203-Advanced-Micro-Devices\">Advanced Micro Devices<\/a> said on Wednesday it promoted senior executive <a title=\"Devinder Kumar\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/6614-Devinder-Kumar\">Devinder Kumar<\/a> to chief financial officer after the struggling PC chipmaker announced in September its previous CFO was leaving.<\/p>\n<p>Kumar, a 28-year AMD veteran, had been standing in as CFO since AMD announced the departure of <a title=\"Thomas Seifert\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/6615-Thomas-Seifert\">Thomas Seifert<\/a>, who was liked by many on Wall Street.<\/p>\n<p>Since 2001, Kumar was corporate controller at AMD, which like other PC-related companies has been hit by a slump in demand as smartphones and tablets grow in popularity.<\/p>\n<p>AMD, one of Silicon Valley&#8217;s oldest chipmakers, has been laying off engineers while looking for new markets for its chips as it faces dwindling cash reserves.<\/p>\n<h3 class=\"my-4\">Related articles<\/h3>\n<p><strong><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/24201\/amd-looking-at-cutting-20-of-workforce-source\/\">AMD looking at cutting 20% of workforce \u2013 source<\/a><\/strong><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/22357\/amd-plummets-after-cfo-exit\/\"><strong>AMD plummets after CFO exit<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/hardware\/17484\/amd-shares-dip-after-cut-outlook\/\"><strong>AMD shares dip after outlook cut<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/hardware\/12561\/amd-catches-intels-sleek-pc-wave\/\"><strong>AMD catches Intel\u2019s sleek PC wave<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advanced Micro Devices said on Wednesday it promoted senior executive Devinder Kumar to chief financial officer after the struggling PC chipmaker announced in September its previous CFO was leaving.<\/p>\n","protected":false},"author":7,"featured_media":5298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[25,1295,537,4930],"class_list":["post-29174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-active","tag-amd","tag-appointment","tag-devinder-kumar"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/29174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=29174"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/29174\/revisions"}],"predecessor-version":[{"id":29182,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/29174\/revisions\/29182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/5298"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=29174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=29174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=29174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}