01—Abstract
Summary
Summary of the 8-K filed December 15, 2025. Cited figures are marked; the original filing is the authoritative source.
Advanced Micro Devices, Inc. (AMD) has announced a key leadership change in its finance department via an 8-K filing.
Effective December 15, 2025, Emily Ellis has been appointed as the new Corporate Vice President, Chief Accounting Officer, and principal accounting officer. Ms. Ellis brings significant experience to AMD, having previously served as Vice President Controller at Palo Alto Networks and as a Partner at PricewaterhouseCoopers LLP. This appointment signifies a move to solidify the company's accounting leadership.
Ms. Hu will transition from her interim role as Chief Accounting Officer, continuing her responsibilities as Executive Vice President, Chief Financial Officer, and Treasurer, ensuring a smooth handover and continued financial oversight. The filing also details Ms. Ellis's compensation package, including a base salary, performance bonus, a substantial sign-on bonus, and a significant restricted stock unit award, reflecting the company's investment in this critical role.
02—Key points
Key Highlights
- Appointment of Emily Ellis as Chief Accounting Officer and principal accounting officer, effective December 15, 2025.
- Emily Ellis brings extensive experience from previous roles at Palo Alto Networks and PricewaterhouseCoopers.
- Ms. Jean Hu will step down as interim Chief Accounting Officer but will continue as EVP, CFO, and Treasurer.
- Emily Ellis's compensation package includes a $425,000 base salary and a 70% target annual bonus.
- A $300,000 cash sign-on bonus is included, subject to pro-rated repayment if employment terminates within two years.
- Ms. Ellis will receive a $3,000,000 restricted stock unit award under the 2023 Equity Incentive Plan.
- No undisclosed arrangements or material interests exist between Ms. Ellis and AMD.
03—Questions
Frequently Asked Questions
Who has been appointed as the new Chief Accounting Officer at AMD?
Emily Ellis has been appointed as the new Corporate Vice President, Chief Accounting Officer, and principal accounting officer, effective December 15, 2025.
What is Emily Ellis's prior experience?
Emily Ellis has prior experience as Vice President Controller at Palo Alto Networks, Inc. and as a Partner at PricewaterhouseCoopers LLP. She is also a certified public accountant.
Will Jean Hu continue in her role as CFO?
Yes, Ms. Jean Hu will continue to serve as AMD’s Executive Vice President, Chief Financial Officer, and Treasurer. She is stepping down from her interim role as Chief Accounting Officer.
What is the total compensation package for Emily Ellis?
Emily Ellis's compensation includes a base salary of $425,000, an annual performance bonus target of 70% of her base salary, a $300,000 cash sign-on bonus, and a restricted stock unit award with a target value of $3,000,000.
04—Continue