AMD said Darla Smith informed it on November 15, 2024 of her resignation as Chief Accounting Officer, effective on November 18, when she will cease serving in that role. She will continue as Corporate Vice President until January 17, 2025.

1. 01

   AMD said Darla Smith informed it on November 15, 2024 of her resignation as Chief Accounting Officer, effective on November 18, when she will cease serving in that role. She will continue as Corporate Vice President until January 17, 2025.

2. 02

   The company said Darla Smith's resignation is not the result of any dispute or disagreement with AMD, and it does not involve any matters relating to accounting practices or financial reporting.

3. 03

   The company said its board appointed Philip Carter, 46, as Corporate Vice President, Chief Accounting Officer and principal accounting officer, effective November 18. Carter has served as Corporate Vice President, Chief Accounting Officer at Skyworks Solutions since February 2017. The board made the appointment on November 13, 2024.

4. 04

   AMD said that under an offer letter dated October 9, 2024, Carter's base salary will be $400,000 and his annual performance bonus target will be 70% of base salary. He will also receive a cash sign-on bonus of $250,000, a performance-based RSU award with a target value of $375,000 and an RSU award with a target value of $1,125,000.

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