AMD Appoints Tim Ryan to Board of Directors

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AMD Appoints Tim Ryan to Board of Directors Advanced Micro Devices, Inc. Wed, August 19, 2026 at 4:15 PM EDT 2 min read AMD News Highlights: Appointment strengthens AMD's board with deep expertise spanning technology, enterprise operations and financial governance KC McClure named chair of the Audit and Finance Committee SANTA CLARA, Calif., Aug. 19, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the appointment of Tim Ryan to its board of directors, effective Aug. 19, 2026. AMD also announced related board committee changes, with KC McClure named chair of the Audit and Finance Committee and appointed to the Nominating and Corporate Governance Committee. Nora Denzel, AMD's lead independent director, has joined the Audit and Finance Committee. These changes follow the retirement of Joseph Householder, who is stepping down after more than 11 years on the AMD board. Ryan serves as Head of Technology and Business Enablement at Citi, where he leads the firm's technology organization. He joined Citi in 2024 after more than three decades at PwC, including serving as U.S. Chair and Senior Partner from 2016 to 2024. Throughout his career, Ryan has advised many of the world's leading companies on technology, strategy and risk. "Tim's extensive experience across technology, operations and finance will bring valuable perspective to AMD's board as we execute our long-term strategy and pursue the significant opportunities ahead in AI and high-performance computing," said Dr. Lisa Su, AMD chair and CEO. "I also want to thank Joe Householder for his dedicated service and many contributions to AMD. His thoughtful counsel and financial stewardship have played an important role in AMD's transformation and growth." "I am thrilled to join AMD's board at such a pivotal moment for the industry," said Ryan. "AMD is at the center of the most important computing trends of our time, and I look forward to working with Lisa and the board to help drive the company's continued growth." Ryan is a certified public accountant and holds a bachelor's degree in accounting and communications from Babson College. AMD (NASDAQ: AMD) drives innovation in high-performance and AI computing to solve the world's most important challenges. Today, AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack AI solutions that provide the performance and scalability needed for a new era of intelligent computing. Learn more at www.amd.com . Brandi Martina AMD Communications (512) 705-1720 brandi.martina@amd.com Liz Stine AMD Investor Relations (720) 652-3965 liz.stine@amd.com

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AMD announced on August 19, 2026, the appointment of Tim Ryan, Head of Technology and Business Support at Citigroup, as a new independent director to strengthen its board capabilities. This appointment is part of a strategic governance overhaul aimed at expanding the artificial intelligence and high-performance computing markets. Investors evaluate that the strengthening of corporate governance will have a positive impact on the execution of AMD's long-term growth strategy.

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This board reorganization serves as a direct catalyst to enhance AMD's execution capabilities in AI and high-performance computing by reinforcing technical and financial expertise. In particular, the addition of Tim Ryan, who brings extensive risk and strategic advisory experience from PwC, is expected to improve financial health and operational efficiency.

In a bullish scenario, the addition of the experienced executive will strengthen AI chip competitiveness and improve earnings, driving stock price gains, while in a bearish scenario, slowing semiconductor demand due to macroeconomic uncertainty could result in limited stock price defense, requiring close monitoring of future performance indicators.

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