Yes he is. Unfortunately for us success on the highend consumer market is probably not the most important.
Its obvious they need a new gamer oriented arch to be relevant for eg the mobile market.
Remember guys like raja and keller set the direction and chooses witch seniors have most influence on the design. Like mike clark on the ryzen. Perhaps its people like him needed for better arch.
I think a lot of the progress in development is mapped out years ahead. For example, they probably decided they needed a functional GPU with Infinity Fabric and their HBCC (and whatever else) before they could "Ryzen" their GPUs and make a modular product line (like Navi). Now they have Vega they have an important stepping stone to build their software/hardware ecosystem based upon their long term hUMA/HSA ideals (which both IF & HBCC are part of). For example I have no doubt software written for a IF dGPU & IF CPU will be applicable for APU use. And by a similar token software to run multiple IF dGPUs will obviously help any modular IF GPU setup.
So even if Raja was in control and to be "blamed" for Vega, I suspect the product is a necessary stepping stone before the real goals are reached. This is along the lines as how I see Carrizo vs Kaveri. Carrizo finally reached HSA 1.0 spec, and was the source of much of the power management which made Ryzen possible. So even though Carrizo is not necessarily a great product, I think it had to exist from a design iteration perspective.
Edit: Sorry CatMerc, I was rambling away while you posted that. But you are correct Raja's involvement is a moot point.