Advanced Micro Devices, Inc. has appointed Devinder Kumar as senior vice president and chief financial officer, effective January 2, 2013. Kumar, 57, will report to Rory Read, the company president and chief executive officer, and will have responsibility for leading the company's global finance organization. Kumar has been interim CFO since September 2012.

He served as corporate controller of the company since 2001 and as senior vice president since 2006.