AMD recruits Lenovo COO as new CEO

Jules August 25, 2011 Channel, CPU, Featured Tech News

In what appears to be a fantastically powerful move, chip designer AMD is expected to announce that it has secured Lenovo's Chief Operating officer as its new CEO.

KitGuru digs a little deeper into what this will mean for AMD specifically and the industry overall.

Read recruitment anyone ?

IBM veteran, Rory Read was the man behind much of Lenovo's successful integration of the PC inventor's brand with the Chinese government's darling brand.

While AMD could not possibly have known that HP was going to put its hands in the air, surrender and run like rabbits from the PC market – the acquisition of someone like Read will look like a master stroke to any outside observers.

The reason people buy corporate brands like HP, is for stability. The moment that they disappear, people get nervous. At times like that, companies with massive potential, like Lenovo, can step forward and really stake a claim.

The move looks powerful and, assuming that it has been done amicably, will help cement relationships between AMD and one of the world's biggest users of its products.

Rory-Reed-AMD-CEO-KitGuru — If AMD manages to amicably recuit IBM/Lenovo's Rory Read as its new CEO – then it's a powerful move in a post-HP world. Wonder how many PCs China can buy?

KitGuru says: Let's wait and see if the share of Intel processors inside Lenovo systems drops as fast as HP's stock did after Leo announced his firms new strategy. Also, let's see how long it takes Bloomberg and the Wall Street Journal to catch up with this story.

Comment below or in the KitGuru forums.

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6 comments

Francis
August 25, 2011 at 1:09 pm

Nice one. They could have tried Steve Jobs too, I hear he is free right now. 🙂
rv
August 25, 2011 at 1:40 pm

….actually I am expecting the new Apple CEO to announce acquisitions. What better way to cement a new guy in place than for hime to spend some money!

And the best buy for Apple would be AMD!

It’s cheap, and crown jewel is Radeon. arguable the best Graphics tech in production.
Impy
August 25, 2011 at 1:56 pm

Sure, except for his Health, and the fact that they’d chosen this guy before Jobs announced he’ll be stepping down from Apple CEO. He stepped down exactly because the position of CEO was too much too manage.

Nice move however. Never been a fan of Lenovo, but nothing personal. Just never had the chance to buy any of their products. However, good reputation so this could really boost AMD. Intel needs a decent CPU Competitor, not a 2nd rate one, and the GPU Drivers need to be dealt with. Last year.
thomasxstewart
August 26, 2011 at 8:38 pm

liked name:Read from Start, yet Love Name REED. So Fundumental to Industry. so how about RED REED. That get porcelona HOT.

drashek md
RaihanR
September 4, 2011 at 9:12 am

Does this guarantee all Lenovo laptops will now have Fusion?