Tom Seifert, the new man for the job, is a former executive at German chip designer Infineon AG and then memory chip maker Qimonda. I don't have anything against Seifert personally, and he certainly has a lot of experience in the semiconductor industry. AMD wouldn't spend a year looking for an executive only to settle for anybody less than solidly qualified for the job. But mention Qimonda and I can't help but be reminded of that company's recent bankruptcy. As an AMD investor, that connection does not make me comfortable. Still, Qimonda's demise was the result of a brutal price war between memory titans like Samsung, SanDisk (Nasdaq: SNDK), and Micron (NYSE: MU), and hardly Seifert's fault. We can give the guy a break.