AMD won’t release its earnings report until the end of the month, but now the company is poised to announce a major reshuffle in its leadership. Longtime CFO Devinder Kumar is leaving the company on his well-deserved retirement and will be replaced by Jean Hu, who has served as CFO of Marvell Semiconductor since 2016.
As noted in the official press release, Devinder Kumar will be handed over to his successor by April this year, so the leadership change in AMD’s financial management will not be sudden. AMD CEO Lisa Su praised her departing colleague: “I would like to thank Devinder for his many services AMD. He was an outstanding CFO and partner whose leadership was critical in creating the financial foundation that has fueled our significant revenue growth and success over the past several years.”. Kumar has held various roles at AMD for nearly four decades.
Jin Hu has over 20 years of financial leadership experience at semiconductor companies such as Qlogis and Conexant and has served as CFO of Marvell Semiconductor since 2016. She will be replaced on January 20 by Willem Meintjes, who previously served as Marvell’s chief accountant. Jin Hu received her education in chemistry from Beijing University of Chemical Technology and in economics from Claremont University in California, which specializes in continuing education.