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AMD Appoints Ahmed Yahia Al Idrissi to Board of Directors

AMD (NYSE: AMD) announced today that Ahmed Yahia Al Idrissi has been appointed to the company's board of directors as a second representative of Mubadala Development Company. Yahia currently serves as executive director of Mubadala Industry, where he is responsible for Mubadala's growing industrial portfolio, including metals, mining, utilities, and advanced materials and products. Prior to joining Mubadala, Yahia was a partner at McKinsey & Company where he co-led the firm's Principal Investor practice. He was also the managing partner of McKinsey's Abu Dhabi practice.

"Ahmed's years of success at McKinsey, his responsibilities as part of the senior executive management team at Mubadala and his extensive experience with a number of different boards make him an excellent addition to AMD's board of directors," said Bruce Claflin, AMD's chairman of the board.

Bruce Claflin Appointed AMD Chairman of the Board

Following the big announcement AMD made today, the company has appointed Bruce Claflin as Chairman of its Board of Directors. Mr. Claflin replaces Hector Ruiz, who retired from AMD’s Board in conjunction with assuming the position of Chairman of the Board of “The Foundry Company”. Mr. Claflin has been a member of AMD’s Board of Directors since August, 2003. The AMD Board also appointed Waleed Al Mokarrab to the Board. Mr. Al Mokarrab is chief operating officer of Mubadala Development Company. Dirk Meyer continues in his role as president and chief executive officer (CEO) of the AMD Board of Directors.
“Bruce Claflin brings a wealth of business experience that applies directly to the challenges and opportunities relevant to our company,” said Meyer. “We are also honored to welcome Waleed Al Mokarrab to the Board. His experience in business development across a broad range of industries will be an invaluable asset to AMD.”
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