Derrick R. Meyer is a notable figure in the tech world, having spent nearly two decades at Advanced Micro Devices (AMD). He climbed the ranks from joining the company as an engineer in 1995 to becoming the President and CEO...
Derrick R. Meyer is a notable figure in the tech world, having spent nearly two decades at Advanced Micro Devices (AMD). He climbed the ranks from joining the company as an engineer in 1995 to becoming the President and CEO in 2008. Under his leadership, AMD faced significant challenges but also saw growth, especially after tough times in the semiconductor industry. Notably, he resigned as CEO in January 2011, marking the end of his directorship after a tumultuous period. His compensation packages during his tenure were quite substantial; in 2011 alone, he received around $8.76 million, largely due to his vested stocks after his exit. Before resigning, he held stocks in AMD worth over $127 million, showing a strong commitment to the company. Meyer is educated with both a master’s degree in Mathematics and Economics and an MBA, which clearly reflects in his analytical approach to business. After his departure, he left behind important insights and strategies that continue to influence AMD’s direction.