AMD announced that its board of directors elected President and COO Dirk Meyer as the company’s chief executive officer.

One of the biggest problems Morgan Stanley's wealth management unit has been facing in recent years is a steady loss of top-producing financial advisors (FAs). Each one was taking important clients and their assets to rival brokerages. During the 2005-2006 period, Morgan Stanley's turnover rate among FAs ran to nearly 11 percent.

Cirrus Logic Inc., a leader in high-precision analog and digital signal processing components, today announced that it has named Tim Turk as its vice president of Worldwide Sales.