{"schema_version":"secwatch.filing_event.v1","accession":"0000002488-23-000003","form_type":"8-K","ticker":"AMD","cik":"0000002488","company_name":"ADVANCED MICRO DEVICES INC","filed_at":"2023-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.544580+00:00","generated_at":"2026-06-20T16:43:43.044103+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AMD announces CFO transition: Devinder Kumar retiring, Jean Hu appointed effective Jan 23, 2023","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000002488-23-000003","json":"https://secwatch.observer/filing/0000002488-23-000003.json","markdown":"https://secwatch.observer/filing/0000002488-23-000003.md","text":"https://secwatch.observer/filing/0000002488-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2488/000000248823000003/0000002488-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2488/000000248823000003/amd-20230108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T16:43:43.044103+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a938d855e2","claim":"Devinder Kumar retired as Chief Financial Officer and Treasurer at ADVANCED MICRO DEVICES INC.","evidence_excerpt":"On January 8, 2023, Mr. Devinder Kumar, announced his retirement as Chief Financial Officer and Treasurer of Advanced Micro Devices, Inc.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2488/000000248823000003/0000002488-23-000003-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"ece43ca92c","claim":"Jean Hu was appointed as Chief Financial Officer at ADVANCED MICRO DEVICES INC.","evidence_excerpt":"On January 11, 2023, the Company announced that Ms. Jean Hu was appointed as Chief Financial Officer of the Company effective January 23, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2488/000000248823000003/0000002488-23-000003-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}