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    Forrest Norrod

    EVP and GM of Data Center Solutions Business Group at Advanced Micro Devices Inc
    Since January 2, 2023
    Age
    58 years
    Education
    Holds Bachelor of Science and Master of Science degrees in Electrical Engineering from Virginia Tech.
    Tenure
    Joined AMD in November 2014 and was promoted to Executive Vice President and General Manager of the Data Center Solutions Business Group on January 2, 2023.

    Also at Advanced Micro Devices Inc

    About

    Forrest Norrod has built an impressive career across the semiconductor and technology industries, starting as a VLSI design engineer at Hewlett Packard and progressing through leadership roles at Cyrix, National Semiconductor, and Dell Inc. Over the years, his work has consistently contributed to advancements in server business and integrated data center solutions.

    He joined AMD in November 2014, bringing with him decades of experience in engineering and business management. His leadership at Dell, where he drove market share growth and innovation, set the stage for his significant contributions at AMD, where he now oversees strategy, engineering, and business management for data center products.

    Since his promotion to Executive Vice President and General Manager of the Data Center Solutions Business Group on January 2, 2023, his visionary approach has been instrumental in advancing AMD's portfolio, combining CPU, GPU, and networking technologies to address the evolving needs of modern data centers, especially in the era of artificial intelligence.

    Past Roles

    OrganizationRoleDate RangeDetails
    AMDSenior Vice President and General Manager of the Datacenter and Embedded Solutions Business GroupNov 2014 – Jan 2023 Managed strategy, business management, engineering, and sales for datacenter and embedded products; led Enterprise, Embedded, and Semi-Custom business group for his first three years at AMD
    AMDSenior Vice President and General Manager, Enterprise, Embedded, and Semi-Custom Business GroupN/A Responsible for managing strategy, business management, and engineering for AMD's enterprise, embedded, and semi-custom products
    Intersil CorporationBoard of DirectorsOct 2014 – Feb 2017 Served until the company was acquired
    Dell Inc.Vice President and General Manager of Dell's Server BusinessDec 2009 – Oct 2014 Drove market share leadership in key geographies and led creation of Dell's hyperscale data center startup
    Dell Inc.CTO of Client ProductsAug 2000 – Dec 2009? Led Dell's Enterprise Engineering and was responsible for all global engineering teams
    National SemiconductorLeader of Integrated x86 CPU Businesses1997 – 2000 N/A
    Cyrix Corp.Worked on Integrated x86 CPU Businesses1993 – 1997 N/A
    Hewlett PackardVLSI Design EngineerN/A N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$710,000 2023 AnnualPromotion effective January 2, 2023; increased from $640,000 with a 10.94% raise
    Stock Awards$13,258,106 2023 Grant DateAggregate grant date fair value computed in accordance with ASC Topic 718
    Option Awards$1,264,991 2023 Grant DateAggregate grant date fair value computed in accordance with ASC Topic 718
    All Other Compensation$15,438 2023 AnnualIncludes matching contributions to 401(k): $13,725 and life insurance premiums: $1,713; Other: $0

    Performance Compensation

    Data from  FY 2023

    Performance Compensation Details

    Metric (Unit)Value
    Target Bonus Opportunity125% of base salary
    Eligible Base Salary for Bonus Calculation$695,000
    Bonus Amount Awarded$518,644
    Performance Weight - Corporate80%
    Performance Weight - Individual20%
    Individual Performance Factor1.0
    Threshold for PayoutN/A
    Maximum Bonus (Cap)N/A
    Vesting ScheduleNot applicable to cash bonus [N/A]**
    Evaluation PeriodFiscal year with corporate performance measured semi-annually