Despite all the assurances given by the AMD, the change of CEO that took place last week, was planned, the stock market took the news as a proper surprise and reacted by a few percent drop in share rate.
Some experts believe that AMD is under the influence of various factors was forced to hurry up with the change of leadership. Typically, the application of such rearrangements are made in advance, provided some transitional period for the transfer of cases and authority, and in the case of AMD's new CEO took office immediately. Under the direction of Rory Reid AMD has moved to break-even only at the level of the current account, for long-term successful development is not enough.
AMD shares since the announcement of personnel changes in the leadership has dropped by 17%. It is clear that the claim of such changes a week before the quarterly financial report for AMD was a very courageous act, and while the market is not able to assess the openness and self-confidence, which shows Lisa Su. In her own words, the work as the head of AMD - it is an opportunity of her life. On Friday, we will analyze the quarterly report.