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Darren Grasby

EVP, Strategic Partnerships, and President EMEA at ADVANCED MICRO DEVICES
Since July 1, 2023
Age
54 years
Tenure
Joined AMD in 2007 and has advanced through multiple leadership roles including Corporate Vice President, Global Sales and General Manager EMEA, President EMEA, and Senior Vice President of Global Computing and Graphics Sales before assuming the role of Executive Vice President, Strategic Partnerships, and President EMEA in July 2023.

Also at ADVANCED MICRO DEVICES

About

Darren Grasby is a seasoned executive with nearly three decades of experience in the high-tech industry, specializing in sales, marketing, and strategic partnerships. He is 54 years old and has built an impressive career that spans various leadership roles at AMD since joining the company in 2007.

Over the years, he has played pivotal roles in driving the global growth of AMD’s key product lines. His career progression includes positions as Corporate Vice President, Global Sales and General Manager EMEA; President EMEA; and Senior Vice President of Global Computing and Graphics Sales, leading teams that advanced the adoption of AMD’s cutting-edge processors and graphics technologies. In July 2023, he took on his current position as Executive Vice President, Strategic Partnerships, and President EMEA, where he continues to foster crucial customer relationships worldwide.

Beyond his professional achievements, Darren Grasby's early career involved founding and running several companies in the tech sector, focusing on computer manufacturing, supply chain management, and the development of renowned graphics brands. Although details about his personal education and early background remain undisclosed, his extensive career trajectory underscores a deep commitment to innovation and leadership in technology.

Past Roles

OrganizationRoleDate RangeDetails
AMDExecutive Vice President and Chief Sales Officer, President EMEAUntil July 2023Held this role immediately before his current position as EVP, Strategic Partnerships, and President EMEA
AMDSenior Vice President of Global Computing and Graphics SalesJuly 2018 - January 2019Led teams driving global adoption of AMD Ryzen™, AMD Radeon™, and AMD EPYC™ processors
AMDPresident EMEA and Global Channel SalesOctober 2015 - July 2018Oversaw AMD's operations in the EMEA region and managed global channel sales
AMDCorporate Vice President, Global Sales and General Manager EMEANovember 2014 - October 2015Managed global sales and operations in the EMEA region
AMDCorporate Vice President and General Manager EMEAAugust 2007 - November 2014Responsible for AMD's business in the EMEA region
Multiple CompaniesFounder / CEOPre-2007Created and ran companies focused on computer manufacturing, supply chain management, global distribution, and development of graphics brands including ATI

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary $633,465 Annual Effective as of June 30, 2023 and July 1, 2023 (unchanged)

Performance Compensation

Data from  FY 2023

Annual Cash Performance Bonus

Metric [Unit]Details
Amount ($)$499,403
Target Bonus Opportunity125% of base salary
Performance Weighting80% Corporate Financial Performance, 20% Individual Performance
Evaluation PeriodFiscal 2023 (first and second halves)

Long-Term Incentive Awards

Metric [Unit]Details
Grant DateAugust 9, 2023
Component TypePerformance-Based Restricted Stock Units (PRSUs) & Stock Options
Performance MetricsStock price performance (absolute and relative to the S&P 500) and non-GAAP EPS growth (2023-2025)
Payout Range0% to 250% of target shares
Vesting SchedulePRSUs: Performance-based vesting over three years; Stock Options: Vest pro rata annually over four years with a seven-year term
Grant Date Stock Price$110.47 per share