AMD (NASDAQ: AMD) CAO resigns as CFO Jean Hu takes interim role
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Advanced Micro Devices, Inc. reported that Philip Carter has resigned as Corporate Vice President and Chief Accounting Officer, effective September 5, 2025, after accepting a Chief Financial Officer role at another company. The company stated that his resignation does not stem from any dispute or disagreement regarding AMD’s accounting practices or financial reporting.
AMD’s Executive Vice President, Chief Financial Officer and Treasurer, Jean Hu, will serve as interim Chief Accounting Officer while the company searches for a permanent successor. AMD notes there are no special arrangements behind her selection, no disclosable related-party transactions, and no family relationships between her and AMD’s directors or executive officers.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Accounting Officer
On August 22, 2025, Mr. Philip Carter informed Advanced Micro Devices, Inc. (“AMD”) of his resignation as Corporate Vice President and Chief Accounting Officer of AMD, effective September 5, 2025. Mr. Carter has accepted a position as Chief Financial Officer at another company. His resignation is not the result of any dispute or disagreement with AMD, including with respect to any matters relating to AMD’s accounting practices or financial reporting.
Effective as of Mr. Carter’s resignation, Ms. Jean Hu, AMD’s Executive Vice President, Chief Financial Officer and Treasurer will assume the responsibilities of interim Chief Accounting Officer while AMD conducts a search for Mr. Carter’s successor.
Ms. Hu’s biographical information is included in the Definitive Proxy Statement for the 2025 Annual Meeting of Stockholders of AMD, as filed with the U.S. Securities and Exchange Commission on March 28, 2025, and such information is incorporated herein by reference. There is no arrangement or understanding between Ms. Hu and any other person pursuant to which Ms. Hu was selected as interim Chief Accounting Officer, nor does she have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Ms. Hu has no family relationships with any of AMD’s directors or executive officers.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: August 25, 2025 | ADVANCED MICRO DEVICES, INC. | ||||||||||||||||
By: | /s/ Ava Hahn | ||||||||||||||||
Name: | Ava Hahn | ||||||||||||||||
Title: | Senior Vice President, General Counsel and Corporate Secretary | ||||||||||||||||
FAQ
What leadership change did AMD (AMD) disclose in this 8-K?
AMD disclosed that Philip Carter resigned as Corporate Vice President and Chief Accounting Officer, effective September 5, 2025, after accepting a CFO role at another company.
Who will serve as AMD (AMD) interim Chief Accounting Officer?
Jean Hu, AMD’s Executive Vice President, Chief Financial Officer and Treasurer, will assume the responsibilities of interim Chief Accounting Officer following Mr. Carter’s resignation.
Does AMD plan to search for a new permanent Chief Accounting Officer?
Yes. AMD indicated it will conduct a search for Mr. Carter’s successor while Ms. Hu serves as interim Chief Accounting Officer.
Where can investors find Jean Hu’s biographical information for AMD (AMD)?
Her biographical information is included in AMD’s Definitive Proxy Statement for the 2025 Annual Meeting of Stockholders, filed on March 28, 2025, which is incorporated by reference.