Tuesday, January 28th 2020
Cisco Appoints AMD President and CEO Dr. Lisa T. Su to Board of Directors
Cisco today announced the appointment of Dr. Lisa T. Su, AMD president and CEO, to its board of directors effective today. "Lisa is an accomplished business leader with deep expertise in the semiconductor industry," said Chuck Robbins, chairman and CEO, Cisco. "We look forward to her contributions to Cisco's board and our business as we continue to develop ground breaking technologies, and a new internet for the 5G era that will help our customers innovate faster than ever before."
Dr. Su, 50, joined AMD in 2012 and has held the position of President and Chief Executive Officer since October 2014. She also serves on AMD's Board of Directors. Previously, Dr. Su served as Senior Vice President and General Manager, Networking and Multimedia at Freescale Semiconductor, Inc., and was responsible for global strategy, marketing and engineering for the company's embedded communications and applications processor business. Dr. Su joined Freescale in 2007 as Chief Technology Officer, where she led the company's technology roadmap and research and development efforts.
Dr. Su spent the previous 13 years at IBM in various engineering and business leadership positions, including Vice President of the Semiconductor Research and Development Center responsible for the strategic direction of IBM's silicon technologies, joint development alliances and semiconductor R&D operations. Prior to IBM, she was a member of the technical staff at Texas Instruments Incorporated from 1994 to 1995. Dr. Su has a Bachelor of Science, Master of Science and Doctorate degrees in Electrical Engineering from the Massachusetts Institute of Technology (MIT).
For more information about Cisco's board of directors visit here.
Dr. Su, 50, joined AMD in 2012 and has held the position of President and Chief Executive Officer since October 2014. She also serves on AMD's Board of Directors. Previously, Dr. Su served as Senior Vice President and General Manager, Networking and Multimedia at Freescale Semiconductor, Inc., and was responsible for global strategy, marketing and engineering for the company's embedded communications and applications processor business. Dr. Su joined Freescale in 2007 as Chief Technology Officer, where she led the company's technology roadmap and research and development efforts.
For more information about Cisco's board of directors visit here.
29 Comments on Cisco Appoints AMD President and CEO Dr. Lisa T. Su to Board of Directors
Unless of course Cisco is going to buy AMD in long term and this is just the first move. :)
She is not moving (well, yet). She just joins the board of directors. There's no conflict.The reason is: she was asked by shareholders (some of whom also own a lot of AMD). Board of directors represents the shareholders, not the company. She is not an employee of Cisco.
But of course it does happen that people move from board of directors to management board. This first step will let her learn more about the company.
Of course moving from AMD to Cisco CEO would be a promotion (at least financially).
Like they say Rome wasn't built in a day
She's an engineer and a top manager. She surely has ambitions larger than being worshiped by gamers.
Anyway, this shouldn't have any impact on her work at AMD. Of course assuming no "next steps" are going to happen.
One thing is dead certain, this is not a coincidence in terms of timing. These things simply never are.
That would only make sense if Cisco and AMD were to be somehow joined (takeover, holding, conglomerate etc). Taking an AMD CEO to the board would be a natural move.
Since we don't know anything about capital transactions, this does seem very netural. Cisco shareholders may have simply wanted someone technical, with an advanced degree etc. It always looks nice. Boards often include respected scientists from the field etc. It's also a good career (and likely: financial) move for Lisa Su.
As I mentioned earlier, AMD and Cisco largest shareholder lists are quite similar - with 4 common entities in top5.
money.cnn.com/quote/shareholders/shareholders.html?symb=AMD&subView=institutional
money.cnn.com/quote/shareholders/shareholders.html?symb=CSCO&subView=institutional
that being said ... got more issues with Nvidia drivers than AMD as far as i can recall i never once had to rollback with AMD drivers while with NV drivers i always use the antepenultimate version
don't know if it did change with the RX 5XXX series, for now i guess the only thing that didn't change is the people saying "i can't trust AMD drivers" whereas i have to say "i can't trust NV drivers" (and i still can't ... indeed 2 version rollback on my 1070 )
Anyway... didn't Nvidia buy some networking company in 2019 too? Mellanox or something? I recall this was to help them in the data center segment? Not sure how, but...........
Here is the list of board members for Cisco
investor.cisco.com/corporate-governance/board-of-directors/default.aspx
for AMD
ir.amd.com/corporate-governance/board-of-directors
Look at the resumes, virtually every single person is a CEO for another company or at worst a CFO. Go look at any Fortune 500 company and its board looks the same. It's a club that looks after their own so when it comes time to increase CEO pay who better to vote on it then a bunch of CEOs...
worst thing you can do is make decision based off reddit or online posts. Because online you will find more complaints then people actually praising the product. If you have an AMD system its a must to fully test out your ram to see if its stable before blaming the drivers. Especially if you are running the ram at faster speed.
For example my 2700x does not like 3200mhz no matter what I try and I can literally cause came crashes all day, step it down to 2800 its rock solid.
As far as some bugs and other stuff goes its with any provider and AMD has been fixing them every driver.
Independent or outside directors are not involved in the day-to-day inner workings of the company. These board members are reimbursed and usually receive additional pay for attending meetings. Ideally, an outside director brings an objective, independent view to goal-setting and settling any company disputes. It is considered critical to strike a balance of internal and external directors on a board.
A board member is likely to be removed if they break foundational rules; for example, engaging in a transaction that is a conflict of interest, or striking a deal with a third party to influence a board vote.
www.investopedia.com/terms/b/boardofdirectors.asp
Yes, most of them used to be CEO/CFO etc. That's how they got respect and experience needed to get where they are.
If I'm not mistaken: out of Cisco's board just 4/11 people are active CEOs (including Cisco own CEO - Robbins).
On AMD's board: Su is the only active CEO out of 8 (there's one founding partner and one senior managing director).
Most of these people are, simply put, retired.
Remember: supervisory board / board of directors members are proposed by owners/shareholders. It's quite unlikely for them to be active executives of other companies from the same industry. There's too much conflict possible.
The other two CEOs on Cisco's board are from an investment firm and from a pharmaceutical company.
Of course seeing this as a sign of merging etc is a bit far fetched. But the situation is somehow unusual.
the initial report:arstechnica.com/gadgets/2015/11/amds-new-crimson-drivers-accused-of-burning-up-video-cards/
the news about the fix : www.techpowerup.com/217982/amd-radeon-software-crimson-edition-incorrect-fan-speed-issue-being-fixed?cp=2
also here
as i mentioned fortunately it was only once (but strangely my own 290 didn't suffer the issue ... oh wait ... i had mine under a waterblock :laugh: )
correction, 2years after the R9 290 era :roll:
I have absolutely nothing against Lisa Su, but I'm looking forward to how cultists react if she is replaced...