ADVANCED MICRO DEVICES, INC. (NASDAQ:AMD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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ADVANCED MICRO DEVICES, INC. (NASDAQ:AMD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On February 15, 2017, Mr. Martin Edelman resigned as a member of
the Board of Directors (the Board) of Advanced Micro Devices, Inc.
(the Company) after four years of service on the AMD Board. Mr.
Edelman’s resignation did not arise from any disagreement with the
Company but is due to his other professional commitments and
demands on his time.
Effective February 16, 2017, the Board of the Company appointed Mr.
John Marren as an independent director to the Board. In addition,
Mr. Marren was appointed to the Audit and Finance and the
Nominating and Corporate Governance Committees of the Board.
Mr. Marren will receive compensation based on the same policies as
the Companys other non-employee directors, which are described in
the Companys definitive proxy statement filed with the Securities
and Exchange Commission on March 24, 2016. On February 16, 2017,
Mr. Marren was granted>15,693>restricted stock units. The
grant becomes fully vested and exercisable on the one-year
anniversary of the grant date.
A copy of the press release announcing these items is attached as
Exhibit 99.1 hereto.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1
Press release dated February 21, 2017.


About ADVANCED MICRO DEVICES, INC. (NASDAQ:AMD)

Advanced Micro Devices, Inc. is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as a standalone central processing unit (CPU) or as incorporated into an accelerated processing unit (APU), chipsets, and discrete graphics processing units (GPUs) for the consumer, commercial and professional graphics markets, and server and embedded CPUs, GPUs and APUs, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It operates in two segments: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. Its desktop PC product brands for microprocessors are AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU.

ADVANCED MICRO DEVICES, INC. (NASDAQ:AMD) Recent Trading Information

ADVANCED MICRO DEVICES, INC. (NASDAQ:AMD) closed its last trading session 00.00 at 13.13 with 40,887,978 shares trading hands.