AMD Board and Executive Compensation Updates

Ticker: AMD · Form: 8-K · Filed: 2025-08-25T00:00:00.000Z

Sentiment: neutral

Topics: management-change, compensation, governance

Related Tickers: AMD

TL;DR

AMD shakes up board, adjusts exec pay. Big changes coming?

AI Summary

Advanced Micro Devices, Inc. (AMD) announced changes to its board of directors and executive compensation on August 22, 2025. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.

Risk Assessment

Risk Level: medium — Changes in board and executive roles can indicate strategic shifts or internal adjustments that may impact future performance.

Key Numbers

Key Players & Entities

FAQ

What specific roles have been affected by the departure of directors or officers?

The filing indicates the departure of certain officers and directors, but does not specify the exact roles in this summary section.

Who are the newly elected directors?

The filing mentions the election of new directors but does not list their names in the provided text.

What are the key changes in compensatory arrangements for officers?

The filing notes updates to compensatory arrangements for certain officers, but the specifics are not detailed in this excerpt.

When was the earliest event reported in this Form 8-K?

The earliest event reported in this Form 8-K was on August 22, 2025.

What is the primary business of Advanced Micro Devices, Inc. according to the filing?

Advanced Micro Devices, Inc. is in the business of SEMICONDUCTORS & RELATED DEVICES, as indicated by its Standard Industrial Classification code [3674].

From the Filing

0000002488-25-000147.txt : 20250825 0000002488-25-000147.hdr.sgml : 20250825 20250825160700 ACCESSION NUMBER: 0000002488-25-000147 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250822 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250825 DATE AS OF CHANGE: 20250825 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07882 FILM NUMBER: 251250942 BUSINESS ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: (408) 749-4000 MAIL ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 8-K 1 amd-20250822.htm 8-K amd-20250822 0000002488 false 0000002488 2025-08-22 2025-08-22 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 22, 2025 Date of Report (Date of earliest event reported) ADVANCED MICRO DEVICES, INC. (Exact name of registrant as specified in its charter) Delaware 001-07882 94-1692300 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification Number) 2485 Augustine Drive Santa Clara , California 95054 (Address of principal executive offices) (Zip Code) ( 408 ) 749-4000 (Registrant’s telephone number, including area code) N/A (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s)  Name of each exchange on which registered Common Stock, $0.01 par value AMD The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Chief Accounting Officer On August 22, 2025, Mr. Philip Carter informed Advanced Micro Devices, Inc. (“AMD”) of his resignation as Corporate Vice President and Chief Accounting Officer of AMD, effective September 5, 2025. Mr. Carter has accepted a position as Chief Financial Officer at another company. His resignation is not the result of any dispute or disagreement with AMD, including with respect to any matters relating to AMD’s accounting practices or financial reporting. Effective as of Mr. Carter’s resignation, Ms. Jean Hu, AMD’s Executive Vice President, Chief Financial Officer and Treasurer will assume the responsibilities of inter

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