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AMD > SEC Filings for AMD > Form 8-K on 12-Nov-2008All Recent SEC Filings

Show all filings for ADVANCED MICRO DEVICES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ADVANCED MICRO DEVICES INC


12-Nov-2008

Change in Directors or Principal Officers


ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 6, 2008, the Compensation Committee (the "Compensation Committee") of the Board of Directors of Advanced Micro Devices, Inc. (the "Company") approved certain changes to the compensation of Robert J. Rivet, the Company's Chief Financial Officer and Chief Operations and Administrative Officer, effective November 6, 2008. The Compensation Committee approved (i) an increase in Mr. Rivet's annual base salary, from $599,000 to $650,000, and (ii) an increase to Mr. Rivet's target award under the Company's 2005 Annual Incentive Plan from 150% of annual base salary to 175% of annual base salary. Mr. Rivet's compensation was increased as a result of his appointment as the Company's Chief Operations and Administrative Officer on October 23, 2008.


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