AMD Elects President And COO

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April 30, 1999 (3:46 PM EDT)

By Staff,

S. Atiq Raza has been elected president and chief operating officer of Advanced Micro Devices, and Richard Previte has been elected vice chairman of the board of directors, said AMD Friday.

In addition, Robert Palmer, former chairman and CEO of Digital Equipment, has been elected to the company's board. The actions took place Thursday at a board meeting held in conjunction with the annual meeting in New York.

Raza, 50, had been executive vice president, co-chief operatingofficer, and chief technical officer of the Sunnyvale, Calif. chip maker. He will retain the title of chief technical officer and continue as a member of the board. Raza joined AMD in 1996 following AMD's acquisition of NexGen, where he had been chairman, CEO, and president.

Previte, 64, assumed the titles of president and COO in 1990 and has been a member of the AMD board since then. Previte joined AMD in 1969 and served as chief financial officer for 20 years before being named president. In addition to being vice chairman of AMD, Previte will continue as chairman and acting CEO of Vantis, AMD's programmable-logic subsidiary, which is in the process of being acquired by Lattice Semiconductor.

Palmer, 58, succeeded Kenneth Olsen at the head of Digital in 1992 and negotiated the 1998 merger of Digital with Compaq Computer.

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