AMD Lawyer Who Led Fight Against Intel to Retire
In Silicon Valleys best-known David-and-Goliath story, Thomas McCoy was the guy who slung the stone. The general counsel of Advanced Micro Devices didnt topple mighty Intel, but his impact was at least felt in the chip giants pocketbook. McCoy, 59, said Wednesday that he is retiring from AMD, about six months after forging an antitrust settlement with Intel that included a $1.25 billion payment to AMD. In recognition of his success in the litigation and other accomplishments, AMD announced it will provide McCoy a $4 million bonus as part of his exit package. I think I’d retire too if I was 59 and just got paid a $4 million bonus check! Hate to see the taxes on that one!
McCoy, who expects to engage in other entrepreneurial activities after AMD, was such a high-profile figure at AMD that some outside observers have wondered whether the company on his departure might move its official headquarters from Sunnyvalewhere he kept his officeto Austin, Texas, where AMDs CEO and other top executives reside. McCoy argues that headquarters locations are an anachronistic concept in the time of global businessbut insists that AMDs ties to the high-tech hub are primal and will never be broken. AMD is one of the companies that put silicon into Silicon Valley, he says.
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