Summary
Advanced Micro Devices, Inc. (AMD) filed an 8-K on November 16, 2022, to report a change in its Board of Directors. Mr. John Caldwell, the Lead Independent Director and Chair of the Nominating and Corporate Governance Committee, has retired from the Board, effective November 16, 2022. Mr. Caldwell's departure is not due to any disagreement with the Company and marks the end of his long tenure, which began in 2006 and included a period as Chairman of the Board. In conjunction with Mr. Caldwell's retirement, Ms. Nora Denzel has been appointed as the new Lead Independent Director and Chair of the Nominating and Corporate Governance Committee. Ms. Denzel has been a member of AMD's Board since 2014, bringing her experience to these key leadership roles. This transition within the Board leadership is detailed in a press release furnished as an exhibit to this filing.
Key Highlights
- 1Mr. John Caldwell, Lead Independent Director, has retired from AMD's Board of Directors.
- 2Mr. Caldwell's retirement is effective November 16, 2022.
- 3The retirement is not a result of any disagreement with the Company.
- 4Ms. Nora Denzel has been appointed as the new Lead Independent Director.
- 5Ms. Denzel will also serve as the Chair of the Nominating and Corporate Governance Committee.
- 6Ms. Denzel has been a director at AMD since 2014.