AMD Board of Directors Elects Dirk Meyer President and CEO- Hector Ruiz Named Executive Chairman of AMD –SUNNYVALE, Calif. — July 17, 2008 — AMD (NYSE:AMD) today announced that its board of directors elected President and COO Dirk Meyer as the company’s chief executive officer.  Meyer succeeds Hector Ruiz, who will become executive chairman of AMD and chair of the board of directors.  As executive chairman, Ruiz will ensure a smooth executive leadership transition, focus on driving the company’s asset