GlobalFoundries Announces CFO Update
11 Julho 2023 - 8:00AM
GlobalFoundries (NASDAQ: GFS) today announced that Tim Stone and GF
have agreed that he will not assume his duties as CFO for GF and
will depart the company effective July 11th. David Reeder will
remain as GF’s CFO through the end of the year, to support the
selection of a new CFO and ensure an orderly transition to new
financial leadership.
The company’s guidance for its fiscal 2023 second quarter,
provided on May 9th, remains unchanged.
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 required by law.
Media:Laurie KellyGlobalFoundries+1 518 265
4580laurie.kelly@gf.com
Investor Relations:ir@gf.com
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