AMD’s Chairman Still in the Chips

As CEO of Advanced Micro Devices Inc., Intel’s much smaller rival, Hector Ruiz earned a base salary of $1.12 million in 2007. In July, he gave up that title to Dirk Meyer, while remaining chairman. Now he is in line to become “non-voting, non-director” chairman at Foundry Co., a newly formed venture made up of AMD’s manufacturing operations, under a two-year contract reported in public filings....