AMD President Victor Peng to retire effective Aug 30, 2024; Boppana expands role

ADVANCED MICRO DEVICES INC

Victor Peng, President of AMD, retiring effective August 30, 2024; will serve in advisory role until then.
Peng re-joined AMD in 2022 following Xilinx acquisition; led AI strategy and embedded business integration.
Vamsi Boppana expands responsibilities to include AMD Instinct data center AI accelerator business, reporting to CEO Su.
Salil Raje continues leading Adaptive and Embedded Computing Group, also reporting to CEO Su.
No immediate successor named for President role; Peng retires with over 40 years in semiconductors.

item 5.02 item 9.01

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Departed

Victor Peng

President

AMD · ADVANCED MICRO DEVICES INC

Effective: 2024-08-30
Filed: July 22, 2024, 7:59 PM ET

On July 20, 2024, Mr. Victor Peng, President, AMD, notified Advanced Micro Devices, Inc. (the “Company”) of his intention to retire from the Company, effective August 30, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Victor Peng departed as President at ADVANCED MICRO DEVICES INC.

Action: retire
Role: President

Exact text from the filing

On July 20, 2024, Mr. Victor Peng, President, AMD, notified Advanced Micro Devices, Inc. (the “Company”) of his intention to retire from the Company, effective August 30, 2024.

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Source: SEC EDGAR

accession 0000002488-24-000115

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