---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-24-000115"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:38:28.528683+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000002488-24-000115
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248824000115/0000002488-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248824000115/amd-20240720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-24-000115
- JSON: https://secwatch.observer/filing/0000002488-24-000115.json
- Plain text: https://secwatch.observer/filing/0000002488-24-000115.txt

## Key facts
- Executive change
  Victor Peng departed as President at ADVANCED MICRO DEVICES INC.
  - Action: retire
  - Role: President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248824000115/0000002488-24-000115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.