Longtime AMD chief legal officer to retire at year’s end
Thomas McCoy, the Advanced Micro Devices Inc. executive who steered the company’s successful long-run- ning legal fight with Intel Corp., is retiring from the chipmaker as of Dec. 31.
McCoy, as AMD’s executive vice president and chief legal officer, guided the company in its spinoff of its chip manufacturing operations in March of last year and in the legal fight that led to winning a $1.3 billion antitrust settlement with Intel in November. He spent 16 years at AMD.
“Tom was the driving force behind AMD’s landmark antitrust settlement with our chief competitor, an event that will have a lasting, positive impact on our industry,” said CEO Dirk Meyer.
The 59-year-old McCoy will receive a $4 million performance bonus as a part of his separation agreement.