GlobalFoundries Announces Executive Leadership Changes

GlobalFoundries, a leading contract chipmaker, has appointed Tim Breen as its Chief Executive Officer (CEO), effective April this year. Breen succeeds Thomas Caulfield, who will transition to the role of Executive Chairman. Niels Anderskouv will be appointed President and Chief Operating Officer (COO).

These changes aim to strengthen GlobalFoundries' leadership and drive its continued growth in the semiconductor industry.