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Hector Ruiz, the former chairman and CEO of AMD who was alleged to have leaked information in the insider trading scandal surrounding the Galleon hedge fund probe, will resign his chairman position at Globalfoundaries, a semiconductor manufacturing company jointly owned by AMD and the government of […]

hector-ruiz-226Hector Ruiz, the former chairman and CEO of AMD who was alleged to have leaked information in the insider trading scandal surrounding the Galleon hedge fund probe, will resign his chairman position at Globalfoundaries, a semiconductor manufacturing company jointly owned by AMD and the government of Abu Dhabi, the company announced today. Ruiz has taken a leave of absence and will formally resign on Jan. 4. Alan “Lanny” Ross the former CEO of Broadcom, who took over after another executive scandal, will act as interim chairman. After taking down Ruiz and the heir apparent to IBM CEO Sam Palmisano, who else will the Galleon probe take out?

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  1. RSS For Gadgets » Ex-AMD CEO Hector Ruiz steps down as Globalfoundries chairman amid insider trading scandal Monday, November 2, 2009

    [...] [Via GigaOM] [...]

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