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SEC EDGAR · Company announcement

AMD: Leadership change

Filed 8-K for an event or period dated 2026-06-26. Leadership change.

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Became public
Jul 1, 2026, 4:27 PM EDT
Event / period date
Jun 26, 2026
Collected
Nov 9, 2026, 10:27 PM EST

Why this is connected

This filing identifies ADVANCED MICRO DEVICES INC as the issuer of the security. The company's SEC identifier connects it to AMD.

Source evidence

Read the source excerpt or record
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 26, 2026, the Board of Directors (the “ Board ”) of Advanced Micro Devices, Inc. (the “ Company ”) and the Compensation and Leadership Resources Committee of the Board (the “ Committee ”), as applicable, approved the following changes to the compensation of certain members of the Company’s executive team: Base Salary Increases Effective July 1, 2026, the annual base salaries for the below-listed members of the Company’s executive team will increase as follows: Name and Title Annual Base Salary as of June 30, 2026 Annual Base Salary Effective July 1, 2026 Lisa T. Su, Chair, President and Chief Executive Officer $1,323,000 $1,375,000 Jean Hu, Executive Vice President, Chief Financial Officer and Treasurer $800,000 $850,000 Mark Papermaster, Executive Vice President and Chief Technology Officer $870,000 $900,000 Darren Grasby, Executive Vice President, Chief Sales Officer and President EMEA $810,902 $843,866 Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions $780,000 $800,000 _______________ (1) Amounts shown for Mr. Grasby were converted to U.S. dollars from £615,000 and £640,000, respectively, using an exchange rate of $1.31854 U.S. dollars per 1.00 British pound, which was the exchange rate reported by Bloomberg Financial as of June 26, 2026. Long-Term Incentive Awards On August 15, 2026 (the “ Grant Date ”), the below-listed members of the Company’s executive team will receive equity awards under the Company’s 2023 Equity Incentive Plan (the “ Stock Plan ”), having the following target award values (“ Target Value ”): Name and Title Target Value Lisa T. Su, Chair, President

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