News Formal

From the brink of bankruptcy to a 1,300% stock gain. How this CEO turned around her company

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

About six years ago, AMD was bleeding cash and drowning in debt. Then Lisa Su stepped in. She became the chipmaker’s first female CEO and was tasked with turning the company around.

From the brink of bankruptcy to a 1,300% stock gain: How this CEO turned around her company.Story by Clare Duffy, CNN BusinessUpdated 2010 GMT March 27, 2020Even though the company was bleeding money, laden with debt and staring down a potential bankruptcy, becoming chief executive of chip maker Advanced Micro Devices was a dream job for Lisa Su.

"When you grow up as a tech person — and I spent my career in semiconductors — there aren't that many large US semiconductor companies. So I was really excited to become CEO," Su told CNN Business. She liked that she could walk around a Best Buy and pick up a laptop, knowing that the microchip or processor her company built was powering it. Not everyone would have been so enthusiastic. When Su took the helm of AMD in 2014, its stock was heading toward an all-time low.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

A New Power is Ryzen...

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks Drop, But Finish the Week With GainsU.S. stocks closed lower but held on to big weekly gains as the House sent an economic rescue package to President Trump and the U.S. overtook China as the country with the most cases of coronavirus. Maybe we hit the bottom Anyone else sick of these 1930s comparisons?
La source: WSJ - 🏆 98. / 63 Lire la suite »

CEO of multibillion-dollar company Slack to employees amid coronavirus: 'Don't stress about work'As the COVID-19 pandemic spreads throughout the United States and the world, Slack CEO Stewart Butterfield said in an internal note to employees, 'We got this. Take care of yourselves, take care of your families, be a good partner. It is fine to work irregular or reduced hours. It is fine to take time out when you need it.' MakeIt Good MakeIt The ultimate slacker MakeIt One might say he told them it's OK to 'slack off' 😂
La source: CNBC - 🏆 12. / 72 Lire la suite »