AMD Struggles to Find New CEO

Millions of Americans are unemployed and looking for work, yet at least one well-paying job has gone unfilled this year.

Advanced Micro Devices Inc.’s search for a new chief executive has entered its seventh month, a delay seen as an indicator of the challenges facing the chip maker’s next leader.

A number of prominent executives—including Michael Capellas, the former chief of WorldCom Inc. and Compaq Computer Corp., and William Nuti, chief executive of computer maker NCR Corp.—have turned down approaches by AMD since the company’s board forced out its leader in January, people familiar with the situation said.

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