Investing
Will AMD (AMD) CEO Hector Ruiz Leave This Month?
Published:
Last Updated:
Last year AMD (AMD) issued its 2006 full-year results on January 23. It is probably a good guess that 2007 calender numbers will come out at the end of the third week this month. That does not leave much time. Management and the board probably have most of the figures for Q4.
AMD shares hit another low of $6.75. Wall St. obviously has extremely low expectations about the figures the company will post.
If the figures are below what the company has indicated, the members of the board have a big problem. The rapid sell-off in AMD shares speaks volumes about the desire for new leadership.
CEOs often leave just before or the day of earnings. Look for Mr. Ruiz to be gone in the next three weeks. He was recently named one of our own 5 TECHNOLOGY CEO’s THAT NEED TO GO FOR 2008.
Douglas A. McIntyre
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s made it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.