AMD has finally done it! They've found a CEO. AMD today named Rory P. Read as their President and CEO. His previous gigs include previously being President and COO for Lenovo and also 23 years with various roles at IBM. He replaces AMD CFO Thomas Seifert, who will return to his previous role) who had been sitting in the throne after the departure of Dirk Meyer. Read says that he's:

Very pleased to be joining AMD at this important time in its history. AMD is a true innovator and is uniquely positioned to lead the industry forward, delivering the next big thing both within the PC ecosystem and beyond.