AMD's Chief Technology Officer steps down

AMD's chief technology officer, Phil Hester, has stepped down according to a report that has appeared on MarketWatch this evening.

This follows just days after the company announced that it was cutting its workforce by 10 percent – and one person we didn't expect to go was Hester.

The report cites an AMD spokesperson saying that Hester has moved on to pursue "other opportunities" and he will not be replaced in the future.

What's interesting is that Hester's executive biography page on the AMD website no longer exists – instead, the page just redirects to the AMD homepage.

Other than that, details are fairly scant—we'll try and get some more information as the story develops over the weekend. For now, you can discuss this breaking news in the forums.

Update:
According to a report on CNET News, Hester's role will be split up across AMD's individual business units, with each of the units' CTOs reporting to their business unit leaders. "As of next week, the individual CTOs will report to their business unit leaders, such as Mario Rivas, head of the processor group. One exception will be the accelerated computing initiative, which will report directly to President and COO Dirk Meyer," said the report. More here.