Advanced Micro Devices CFO Philip Carter To Resign September 5, 2025; EVP Jean Hu Named Interim Chief Accounting Officer

Departure of Chief Accounting Officer

 

On August 22, 2025, Mr. Philip Carter informed Advanced Micro Devices, Inc. ("AMD") of his resignation as Corporate Vice President and Chief Accounting Officer of AMD, effective September 5, 2025. Mr. Carter has accepted a position as Chief Financial Officer at another company. His resignation is not the result of any dispute or disagreement with AMD, including with respect to any matters relating to AMD's accounting practices or financial reporting.

 

Effective as of Mr. Carter's resignation, Ms. Jean Hu, AMD's Executive Vice President, Chief Financial Officer and Treasurer will assume the responsibilities of interim Chief Accounting Officer while AMD conducts a search for Mr. Carter's successor.

 

Ms. Hu's biographical information is included in the Definitive Proxy Statement for the 2025 Annual Meeting of Stockholders of AMD, as filed with the U.S. Securities and Exchange Commission on March 28, 2025, and such information is incorporated herein by reference. There is no arrangement or understanding between Ms. Hu and any other person pursuant to which Ms. Hu was selected as interim Chief Accounting Officer, nor does she have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Ms. Hu has no family relationships with any of AMD's directors or executive officers.