AMD Appoints Phil Guido as Chief Commercial Officer

Rhea-AI Summary

AMD announces executive changes to focus on strategic partnerships and accelerate growth in commercial and data center markets.

Positive

• Phil Guido joins AMD as executive vice president and chief commercial officer, bringing extensive sales experience and expertise in market development of strategic customer relationships.
• Guido will lead the AMD worldwide sales organization to further accelerate adoption of the company's products with commercial and data center customers.
• AMD aims to deepen enterprise partnerships and accelerate growth in the data center, embedded, and commercial markets.

Negative

• None.

SANTA CLARA, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Executive Vice President and Chief Sales Officer Darren Grasby will transition into a new role as executive vice president, strategic partnerships and that Phil Guido has joined the company as executive vice president and chief commercial officer. Guido will be responsible for leading the AMD worldwide sales organization with a focus on further accelerating adoption of the company’s leadership products with commercial and data center customers.

“I am excited to welcome Phil to our leadership team as we take the next steps in our journey to make AMD the commercial and data center compute partner of choice,” said AMD Chair and CEO, Dr. Lisa Su. “Phil brings extensive enterprise and sales experience that will be incredibly valuable as we focus on deepening our enterprise partnerships and accelerating our growth in the data center, embedded and commercial markets. I also want to thank Darren for his transformational leadership as chief sales officer over the last eight years, and I look forward to leveraging his significant industry experience to lead strategic partnerships in his new role.”

Guido joins AMD after more than 30 years at IBM where he most recently served as general manager, global managing partner of Strategic Sales at IBM Consulting. He brings extensive experience in the market development of strategic customer relationships and transformative partnerships, with a focus on helping customers realize business value through the adoption of leading-edge business solutions enabled by technology platforms.

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About AMD
For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and Twitter pages.

AMD, the AMD Arrow logo, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Contact:
Brandi Martina
AMD Communications
+1 512-705-1720
Brandi.Martina@amd.com

Suresh Bhaskaran
AMD Investor Relations
+1 408-749-2845
Suresh.Bhaskaran@amd.com

Who is joining AMD as the new executive vice president and chief commercial officer?

Phil Guido.

What will be Phil Guido's role at AMD?

Guido will be responsible for leading the AMD worldwide sales organization with a focus on further accelerating adoption of the company's leadership products with commercial and data center customers.

What is AMD's goal with these executive changes?

AMD aims to deepen enterprise partnerships and accelerate growth in the data center, embedded, and commercial markets.