AMD (NASDAQ: AMD) CAO resigns as CFO Jean Hu takes interim role

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.

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.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

August 22, 2025

Date of Report (Date of earliest event reported)

ADVANCED MICRO DEVICES, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-07882

94-1692300

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification Number)

2485 Augustine Drive

Santa Clara, California 95054

(Address of principal executive offices) (Zip Code)

(408) 749-4000

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $0.01 par value			AMD			The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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.

Did AMD indicate any disagreement related to Philip Carter’s resignation?

AMD stated that Mr. Carter’s resignation is not the result of any dispute or disagreement with the company, including on accounting practices or financial reporting.

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.

Does Jean Hu have any related-party or family relationships requiring disclosure at AMD (AMD)?

AMD stated that Ms. Hu has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K and no family relationships with the company’s directors or executive officers.

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.