Wasn't just one person. Bobcat was developed by a very small team with little resources, and given the resources the team had the result was considered to be absolutely stellar. Soon after Bobcat was released to public, Samsung poached most of the team and used them to form their own new CPU design group in Austin. The rumor I heard was that Samsung poached one guy from the top, asked him who his best employees were, and extended offers to all of them. Most of them took it. Then, as AMD refilled the positions, Samsung kept poaching the best ones, practically using AMD Austin as a recruiting filter. This is what caused the horrible delays and product cancellations in the bobcat line.
The team that Samsung formed started designing their own ARM core, called Mongoose. Initially, the plan apparently was mostly to sell it to Apple, but Apple built their own CPU cores instead (incidentally, also by a team that's heavy staffed by AMD alumni, only in their case from the K8 team whose remnants they acquired with PA Semi), and so Samsung is now targeting them to their own SoCs. The first chips with them are expected to be released later this year.
AMD is so cash-poor and the prospects of the stock are so low that they can do little to prevent this kind of talent loss when their employees are targeted by a company who is willing to throw lots of money at good employees.