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AMD Board of Directors Announces New Appointments

AMD STOCK UPDATE:

President and CEO Dr. Lisa Su appointed chair; John Caldwell appointed lead independent director; Xilinx Directors Jon Olson and Elizabeth Vanderslice join AMD board

AMD today announced that “the AMD board has elected President and CEO Dr. Lisa Su as the chair of the board and John E. Caldwell as lead independent director. Caldwell joined the AMD board in 2006 and has served as chair since May 2016. AMD also announced that former Xilinx board members Jon Olson and Elizabeth Vanderslice have joined the AMD board in conjunction with the close of AMD’s acquisition of Xilinx.

“Under Lisa’s leadership, AMD has successfully executed a multi-year strategy that has significantly re-shaped the company’s product portfolio and customer set and delivered industry-leading growth,” said Caldwell. “As CEO and chair, Lisa will now have an ability to drive an even sharper focus for AMD and create greater shareholder value. I am also excited to welcome Jon and Elizabeth to the board as a part of the successful completion of the Xilinx acquisition. Their depth of industry knowledge and expertise are valuable additions to the board that will help AMD continue its strong growth.””

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