Sunnyvale, Ca., USA - September 18, 2012, Sunnyvale, Ca., USA - Advanced Micro Device (AMD) announced that Thomas Seifert will resign as senior vice president and chief financial officer, effective September 28, 2012.
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Mr. Seifert served as an Interim Chief Executive Officer of AMD from January 10, 2011 to August 2011 which he joined in 2009.
He served as Chief Operating Officer of Qimonda AG since 2006 and its Chief Financial Officer since 2008 and also served as its Member of the Management Board.
Mr. Seifert served as Interim Chief Financial Officer of Qimonda AG since October 2008.
Mr. Seifert served as Senior Vice President, COO and CEO of Wireline Communications Business Group, as Group Vice President & General Manager Memory Products Group at Infineon Technologies AG, and as Senior Vice President and General Manager in Wireless Business Group at Infineon AG.
He led White Oak Semiconductor plant, Infineon's joint venture with Motorola in Richmond, Virginia.
From 1993 to 1996, Mr. Seifert served on the manufacturing cooperation with IBM on the Management Board in Essonnes, France as Director Finance & Administration.
He joined Corporate Management Group of Siemens AG in 1990 and served with it until 1993. He also served as a Director of Inotera Memories.
Mr. Seifert holds a Diploma in Business Administration from the University of Erlangen, Germany, a Bachelor’s degree from Friedrich Alexander University, a Master’s degree in Mathematics and Economics from Wayne State University, and a Master’s degree in Business Administration from Friedrich Alexander University.
The company also announced that Devinder Kumar, senior vice president and corporate controller, will serve as interim chief financial officer.
Mr. Kumar joined AMD in 1984 as a financial analyst. He spent 10 years in Asia as a financial controller for AMD Penang and group finance director for AMD’s Manufacturing Services Group across Singapore, Thailand, China and Malaysia.
Starting in 1998, he assumed several corporate roles including leadership positions in Corporate Accounting and Corporate Finance.
He was appointed corporate controller in 2001 and he also served as AMD’s assistant treasurer and treasurer between 2007 and 2010. ■