AMD 1999 Annual Report Download - page 17

to us will not be challenged, invalidated or circumvented, or that the rights
granted thereunder will provide competitive advantages to us. Furthermore, we
cannot give any assurance that others will not independently develop similar
products, duplicate our products or design around our patents and other
rights.
From time to time, we have been notified that we may be infringing
intellectual property rights of others. If any claims are asserted against us,
we may seek to obtain a license under the third party's intellectual property
rights. We could decide, in the alternative, to resort to litigation to
challenge these claims. These challenges could be extremely expensive and
time-consuming and could materially and adversely affect our business. We
cannot give any assurance that all necessary licenses can be obtained on
satisfactory terms, or that litigation may always be avoided or favorably
concluded.
Backlog
We manufacture and market standard lines of products. Consequently, a
significant portion of our sales are made from inventory on a current basis.
Sales are made primarily pursuant to purchase orders for current delivery, or
agreements covering purchases over a period of time, which are frequently
subject to revision and cancellation without penalty. Generally, in light of
current industry practice and experience, we do not believe that such
agreements provide meaningful backlog figures or are necessarily indicative of
actual sales for any succeeding period.
Employees
On January 30, 2000, we employed approximately 13,387 employees, none of
whom are represented by collective bargaining arrangements. We believe that
our relationship with our employees is generally good.
Executive Officers of the Registrant
W. J. Sanders III--Mr. Sanders, 63, is Chairman of the Board and Chief
Executive Officer of Advanced Micro Devices, Inc. Mr. Sanders co-founded AMD
in 1969.
Benjamin M. Anixter--Mr. Anixter, 62, is Vice President, External Affairs of
Advanced Micro Devices, Inc., and has been since 1987. Mr. Anixter became a
corporate officer in April of 1999. He has been with AMD since 1971.
Francis P. Barton--Mr. Barton, 53, is Senior Vice President and Chief
Financial Officer of Advanced Micro Devices, Inc. Mr. Barton joined AMD in
September 1998. Before joining AMD, he was Chief Financial Officer for Amdahl
Corporation, where he worked for two years. Before that, Mr. Barton spent 22
years in various financial management positions at Digital Equipment
Corporation, including Vice President, Finance of the Personal Computer
division.
Eugene D. Conner--Mr. Conner, 56, is Executive Vice President, Strategic
Relations of Advanced Micro Devices, Inc. From 1997 to 1999, Mr. Conner served
as Executive Vice President, Operations and as a Member of the Office of the
CEO. Mr. Conner was elected an executive officer in 1981. Mr. Conner joined
AMD in 1969.
Robert R. Herb--Mr. Herb, 38, is Senior Vice President, Chief Sales and
Marketing Officer of Advanced Micro Devices, Inc. In 1998, Mr. Herb became an
officer of AMD and was promoted to Senior Vice President and Co-Chief
Marketing Officer. Before his promotion, Mr. Herb served as the Vice President
of Group Strategic Marketing for the Computation Products Group. Before that,
he was a director of Marketing for the Personal Computer Products Division.
Thomas M. McCoy--Mr. McCoy, 49, is Senior Vice President, General Counsel,
Secretary and Year 2000 Compliance Officer of Advanced Micro Devices, Inc. He
held the office of Vice President, General Counsel and Secretary from 1995 to
1998. Before his appointment as Vice President, General Counsel and Secretary,
Mr. McCoy was with the law firm of O'Melveny and Myers where he practiced law,
first as an associate and then as a partner, from 1977 to 1995.
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Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 2000