Advanced Micro Devices said on Wednesday that after a thorough internal and external search the company has appointed Devinder Kumar as senior vice president and chief financial officer, effective January 2, 2013.
Mr. Kumar (57) will report to Rory Read, AMD president and chief executive officer, and will have responsibility for leading the company’s global finance organization. Kumar has been interim CFO since September 2012. He served as corporate controller of the company since 2001 and as senior vice president since 2006.
“Devinder has been with AMD for more than 28 years and is a talented finance veteran with deep industry knowledge. As we accelerate our strategic growth initiatives, Devinder will play an integral role driving the new business model in the near term and strengthening AMD’s long-term financial foundation,” said Mr. Read.
Kumar joined AMD in 1984 as a financial analyst. He spent 10 years in Asia as financial controller for AMD Penang and group finance director for AMD’s Manufacturing Services Group across Singapore, Thailand, China and Malaysia. Starting in 1998, Kumar assumed several corporate roles including leadership positions in Corporate Accounting and Corporate Finance. He was appointed corporate controller in 2001. He also served as AMD’s assistant treasurer and treasurer between 2007 and 2010 and was most recently senior vice president, corporate controller and interim CFO before being appointed chief financial officer in January, 2013.
Devinder Kumar received a bachelor’s degree from the University of Malaya, Malaysia, a master’s degree from University of California, Santa Barbara and a master’s degree in business administration from University of California, Los Angeles.