Taiwan: AMD president Victor Peng announces retirement

 AMD president Victor Peng has announced plans to retire on August 30. Till his retirement date, Peng will continue to serve on the AMD executive team and take on an advisory role to support the leadership transition.

AMD chair and CEO Dr. Lisa Su said: “Victor re-joined AMD in 2022 following the acquisition of Xilinx and played an important role successfully integrating and scaling our embedded business and leading our cross-company AI strategy. Under his leadership, AMD became the industry’s number one provider of FPGA (Field Programmable Gate Arrays) and adaptive computing solutions. On behalf of the AMD board, executive leadership team, and the thousands of employees who have worked with him, I want to thank Victor for his outstanding leadership and wish him the best in his retirement.” 

Following Peng's retirement, Vamsi Boppana, senior vice president of the company's AI group and another former Xilinx employee will take over responsibility for the AMD Instinct data center AI accelerator business. On the other hand, Salil Raje, SVP and GM in its adaptive and embedded computing group will continue to lead the AMD embedded business.