home · filing · 0000002488-23-000003
8-K filed January 11, 2023, 6:59 PM ET
ticker AMD
CIK 0000002488
leadership
confidence high
sentiment neutral
materiality 0.70
AMD announces CFO transition: Devinder Kumar retiring, Jean Hu appointed effective Jan 23, 2023
ADVANCED MICRO DEVICES INC
Devinder Kumar retires as CFO effective Jan 23, 2023; will stay as EVP for transition until Apr 14, 2023.
Jean Hu appointed CFO; previously CFO of Marvell Technology since 2016, also held senior roles at QLogic and Conexant.
Hu's compensation: base salary $725,000, bonus target 125%, sign-on RSU $5M, make-whole RSU $12M, and $2M cash bonus with two-year clawback.
Recommendation for annual equity award target of $7.5M for FY2023 under AMD's 2004 Equity Incentive Plan.
Resignation not due to any dispute or disagreement; transition is planned and orderly.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2023-01-23
Successor Jean Hu
Filed January 11, 2023, 6:59 PM ET
On January 8, 2023, Mr. Devinder Kumar, announced his retirement as Chief Financial Officer and Treasurer of Advanced Micro Devices, Inc.
Effective 2023-01-23
Filed January 11, 2023, 6:59 PM ET
On January 11, 2023, the Company announced that Ms. Jean Hu was appointed as Chief Financial Officer of the Company effective January 23, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Devinder Kumar retired as Chief Financial Officer and Treasurer at ADVANCED MICRO DEVICES INC.
Action retired
Role Chief Financial Officer and Treasurer
Exact text from the filing
On January 8, 2023, Mr. Devinder Kumar, announced his retirement as Chief Financial Officer and Treasurer of Advanced Micro Devices, Inc.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jean Hu was appointed as Chief Financial Officer at ADVANCED MICRO DEVICES INC.
Action appointed
Role Chief Financial Officer
Exact text from the filing
On January 11, 2023, the Company announced that Ms. Jean Hu was appointed as Chief Financial Officer of the Company effective January 23, 2023.
View on SEC.gov
Source: SEC EDGAR
accession 0000002488-23-000003
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.