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AMD Picks Former HP Exec As CIO

Advanced Micro Devices Inc., the second-largest maker of computer chips behind Intel Corp., has appointed Mike Wolfe as chief information officer.

Sunnyvale, Calif. (AP) -- Advanced Micro Devices Inc., the second-largest maker of computer chips behind Intel Corp., has appointed Mike Wolfe as chief information officer.

The announcement Monday adds to a string of changes among AMD's executive ranks following the surprise ouster of CEO Dirk Meyer in January. The board at the time said Meyer wasn't the right person to lead the company through its next phase of growth.

Wolfe, 52, was most recently a vice president of information technology for product development and engineering at Hewlett-Packard Co. He has also worked at Motorola and was chief information officer at Freescale.

Wolfe will report to Thomas Seifert, AMD's chief financial officer and interim CEO, and will be responsible for managing AMD's global technology infrastructure.

An AMD spokesman did not immediately respond to a request for comment about the departure of the previous CIO, Ahmed Mahmoud.

Shares of AMD slipped 17 cents, about 2 percent, to $8.38 in afternoon trading.