Rory P. Read served as the CEO of Advanced Micro Devices (AMD) from 2011 to 2014. He brought significant experience to AMD, having previously worked at Lenovo as President and COO and spending over two decades at IBM. His leadership...

Rory P. Read served as the CEO of Advanced Micro Devices (AMD) from 2011 to 2014. He brought significant experience to AMD, having previously worked at Lenovo as President and COO and spending over two decades at IBM. His leadership at AMD was highlighted by a focus on performance-based compensation, where his salary was linked to the company’s success. When he joined, his total compensation package included a $1 million base salary and substantial stock options, aligning his interests with shareholders. In 2014, Rory's total pay exceeded $7 million, which included the value of stock awards that had vested. This approach underscored AMD's belief in rewarding executives for performance. By early 2024, Rory's personal stake in AMD had grown significantly, with his stock holdings valued at over $144 million. This deep commitment to AMD's success illustrated his long-term investment in the company's growth. Even after stepping down in October 2014, he stayed on in a non-executive role until the end of the year, embodying his dedication to the team and company’s future. Rory’s journey in the tech industry emphasizes how strategic management and personal investment can greatly impact both personal wealth and company success.