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AMD Announces New President and COO
Date: Tuesday January 25, 2000
Category: Press Release
Manufacturer Link: AMD Discus -- BBS
AMD today announced the appointment of former Motorola executive Hector de J. Ruiz, Ph.D., 54, as president and chief operating officer.

-Executive Biography-

SUNNYVALE, CA--January 25, 2000--AMD today announced the appointment of former Motorola executive Hector de J. Ruiz, Ph.D., 54, as president and chief operating officer. Ruiz will report to AMD Chairman and Chief Executive Officer W.J. Sanders III, who has been serving as acting president and chief operating officer since July of 1999. Ruiz will also join the board of directors of AMD.

Immediately prior to joining AMD, Ruiz served as president of Motorola's Semiconductor Products Sector (SPS). In this post, Ruiz was responsible for leading Motorola's worldwide semiconductor operations, a $7.3 billion a year business with 33,000 employees.

"Hector Ruiz is one of the real stars of the semiconductor industry," said Sanders. "He has a track record of successful execution at one of the world's premier technology companies. At Motorola he demonstrated the ability to drive profitability while building a strong operation capable of managing the accelerated pace of technological change. Process technology is the core of our industry, and Hector's experience in ramping state-of-the-art technologies into high-volume production should prove particularly valuable in his new post at AMD. His appointment has strengthened the top management team at AMD and should significantly enhance our operational execution."

"I'm excited to join AMD," said Ruiz. "Every executive dreams of having the opportunity to run a company, and joining AMD presents me with the future prospect of leading one of the industry's great companies. AMD has great products and world-class technology. The company is a recognized leader in two of the industry's most exciting sectors, PC processors and Flash memory. The award-winning AMD Athlon™ processor and the company's industry-leading Flash memory products offer enormous opportunities for growth," said Ruiz.

Ruiz has more than 25 years of experience in the semiconductor industry. He is a graduate of the University of Texas in Austin, where he earned a bachelor's and a master's degree in electrical engineering. He also holds a Ph.D. in electrical engineering from Rice University.

Ruiz joined Motorola in 1977 and held a number of positions of increasing responsibility during his 22-year tenure. While managing the Semiconductor Products Sector, Ruiz successfully drove key technology transitions, including Motorola's recent move from aluminum interconnect technology to high-performance copper technology. Ruiz is widely credited with transforming SPS into a market- and customer-focused organization. In addition to his post as president of SPS, Ruiz also held the post of executive vice president of Motorola Corporation.

Ruiz is married and has three children. In 1999 he was named "Hispanic Engineer of the Year" by the Hispanic Engineer National Achievement Awards Conference.

AMD Teleconference
AMD will hold a teleconference for the media and financial community at 2:30 PM Pacific Standard Time today. AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its web site. The webcast will be available until Friday January 28, 2000.

AMD will also provide a telephone recording of the teleconference, which will be available at approximately 4:00 PM PST today. Interested persons may listen to the playback of the teleconference by calling the following toll-free number: 1-800-633-8284 and entering the code number 14272208.

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   10 / 23 / 2019 | 5:50AM
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