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Thomas J. Seifert is best known for serving as the interim CEO of Advanced Micro Devices (AMD) from January to August 2011. During his short tenure, he earned a performance bonus of $746,000 for his leadership. In total, his compensation...

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Thomas J. Seifert

Ex-CEO of Advanced Micro Devices

Education

Bachelor's degree from Friedrich Alexander University; Master's degree in Mathematics and Economics from Wayne State University; Master's degree in Business Administration from Friedrich Alexander University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1963 - 62 years ago

CEO of Advanced Micro Devices for

0 years 7 months (Jan 2011 - Aug 2011)

Previous Experience

Chief Operating Officer and Chief Financial Officer of Qimonda AG

Holdings

See how much did Thomas J. Seifert make over time.

Thomas Seifert’s holdings in Advanced Micro Devices are particularly noteworthy. At one point, he owned 151,842 shares of AMD valued at over $21 million, highlighting his significant investment in the company. Additionally, he held 102,250 restricted stock units worth more...

Mar 17, 2025

Total Stock Sold

$192.57M

NET

$192.57M

2,344,717 NET shares

What if they kept their stock?

If Thomas J. Seifert didn't sell their stock, today they would have:
Extra NET2,344,717 shares worth $65.70M.
This is -65.88% and $126.88M less than what they got when they sold the stock.

Charitable Transactions

NET

25,000 shares

NET

Recent Charitable Transactions

NET

25,000 shares

NET

Aug 30, 2021

Charity

Insider Trading

See recent insider trades of Thomas J. Seifert.

NET

69,246 shares

NET

Feb 5, 2025

Received

NET

$4.06M

NET at $135.29/share

Feb 3, 2025

Sale

NET

$7.74M

NET at $119.05/share

Jan 17, 2025

Sale

NET

$1.71M

NET at $113.75/share

Jan 3, 2025

Sale

NET

$1.70M

NET at $113.38/share

Dec 18, 2024

Sale

NET

$1.64M

NET at $109.31/share

Dec 4, 2024

Sale

NET

$2.70M

NET at $94.18/share

Nov 15, 2024

Sale

NET

$1.30M

NET at $86.83/share

Nov 4, 2024

Sale

NET

$1.37M

NET at $91.04/share

Oct 18, 2024

Sale

NET

$1.19M

NET at $79.12/share

Oct 3, 2024

Sale

Compensation History

See how much did Thomas J. Seifert make over time.

In 2011, Thomas Seifert's total compensation at AMD was $1,374,902. His base salary was $606,000, and he was awarded a special performance bonus of $746,000 for his work as interim CEO. Notably, his compensation package did not include any vested stock that year, which indicates that the company's focus was more on immediate cash rewards rather than long-term equity incentives. He did receive 306,748 restricted stock units in 2011 that would vest over three years, reinforcing the notion of tying management's interests to performance. This structured compensation approach indicates that AMD was determined to create a strong link between executive results and shareholder value during his leadership period.

Year

2011

Total Compensation

$1.37M

Salary

$606.00K

Board Justification

The compensation philosophy emphasizes retention and continuity, linking a significant percentage of compensation to company performance and individual contributions.

Bonus

$746.00K

Board Justification

Awarded a special performance bonus of $746,000 in recognition of his service as interim Chief Executive Officer from January 10, 2011 to August 25, 2011.

Other

$14.90K

Board Justification

Other compensation includes matching contributions to 401(k) and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2011 as the focus was on cash performance bonuses and salary adjustments.

Performance Metrics

Compensation was tied to AMD's non-GAAP operating income and other performance metrics.