GlobalFoundries Announces Chief Financial Officer Transition and Names New Chief Business Officer
09 Maio 2023 - 9:30AM
GlobalFoundries (NASDAQ: GFS) (GF) today announced the appointment
of two new senior executives to its leadership team. Tim Stone has
been appointed as the new Chief Financial Officer (CFO), taking
over for David Reeder who will leave the company after
transitioning to Stone over the coming months, and Niels Anderskouv
will join as the new Chief Business Officer (CBO).
As CFO, Mr. Stone will build on the strong foundation laid by
current CFO, David Reeder, and will focus on accelerating GF’s
financial performance. Mr. Stone brings a world-class finance
pedigree to GF including more than 20 years building Amazon’s
global business in senior finance roles, including CFO for the AWS
and Devices businesses as well as the CFO for public companies Ford
Motor and Snap. He was most recently the CFO for a private AI
software company.
Industry veteran, Niels Anderskouv joins as Chief Business
Officer. Anderskouv will be responsible for driving GF’s business
strategy, including product and technology roadmap, sales, and
go-to-market execution. He has an extensive career in the
semiconductor industry with more than 25 years of experience
spanning engineering, executive management, and global leadership.
He joins GF after serving as SVP and Executive Officer at Texas
Instruments, where he was responsible for the company’s
multi-billion-dollar Analog Power business and brings deep
expertise in power management, analog and mixed-signal
technologies.
“I want to thank Dave for his many contributions to GF. He has
been an outstanding CFO and partner whose leadership was
instrumental in bringing GF to the public markets and he has
created the financial foundation to enable our next phase of
growth,” said Dr. Thomas Caulfield, president and CEO of GF. “At
the same time, I am excited to welcome two accomplished leaders to
the GF leadership team. Tim Stone brings a breadth of experience
and has a track record of delivering business outcomes in
fast-moving technology-enabled industries including automotive, a
key pillar of GF’s growth strategy. Niels Anderskouv brings deep
semiconductor expertise and has an impressive track record of
driving and delivering financial performance. Their combined
expertise and experience will be instrumental in helping us achieve
our growth objectives and drive value for our customers and
shareholders.”
“I am thrilled to join GF at such an exciting time for
semiconductor manufacturing, with major opportunities ahead for
GF,” said Stone. “I look forward to partnering with the team to
take GF to the next level as we deliver for our customers, drive
further innovation, growth, productivity, operational excellence
and returns on capital.”
“I am honored to join GF with its unique position in the
industry,” said Anderskouv. “I am excited to help shape the
company’s business strategy and work with the team to deliver
innovative solutions to our customers. I look forward to
contributing to the company’s continued success and growth.”
About GFGlobalFoundries (GF) is one of the
world’s leading semiconductor manufacturers. GF is redefining
innovation and semiconductor manufacturing by developing and
delivering feature-rich process technology solutions that provide
leadership performance in pervasive high growth markets. GF
offers a unique mix of design, development, and
fabrication services. With a talented and diverse workforce and an
at-scale manufacturing footprint spanning the U.S., Europe and
Asia, GF is a trusted technology source to its worldwide customers.
For more information, visit www.gf.com.
©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and
other GF marks are trademarks of GlobalFoundries Inc. Or its
subsidiaries. All other trademarks are the property of their
respective owners.
Forward-looking InformationThis news release
may contain forward-looking statements, which involve risks and
uncertainties. Readers are cautioned not to place undue reliance on
any of these forward-looking statements. These forward-looking
statements speak only as of the date hereof. GF undertakes no
obligation to update any of these forward-looking statements to
reflect events or circumstances after the date of this news release
or to reflect actual outcomes, unless require by law.
Media Contacts:GFErica
McGillerica.mcgill@gf.com518-795-5240
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