AMD’s CEO Dirk Meyer has been show the door. He was known for turning around AMD from the brink of extinction when it facing hard time and its stock was hitting an all time low of $2. Advanced Micro Devices Inc. forced out its CEO Dirk Meyer on Monday in a surprise twist of fate for a technologist who inherited ... Read More »
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Bank of America CEO Ken Lewis to step down by end of 2009
Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company’s acquisition of Merrill Lynch & Co. The bank, the nation’s largest by assets, said Wednesday that Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company’s board ... Read More »