Chip maker AMD this morning announced that it has recruited Rajan Naik to become part of its management team.
Formerly a senior engineer at the company’s main rival, Intel, Naik was most recently a partner in McKinsey & Company‘s Technology practice, where he worked for the past 11 years.
Naik, 40, will become senior vice president and chief strategy officer of AMD, where he will be responsible for helping out with strategy development, partnerships, M&A and investment decisions. He’ll report directly to AMD president and CEO Rory Read.
Naik has a bachelor’s degree in engineering from Cornell University and a PhD in engineering from MIT.
His hiring follows that of AMD’s appointment of Mark Papermaster as senior vice president and CTO.
AMD is an American semiconductor company that develops computer processors and related technologies for both commercial and consumer markets. They produce primarily microprocessors, motherboard chipsets, embedded processors, and graphics processors. The company began operations by improving upon chip designs of models that they licensed from other companies. They are now the second largest producer of x86 chips in the market.
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