By Chris Wack
GlobalFoundries said its board of directors has appointed Thomas Caulfield as executive chairman and Tim Breen as chief executive.
The Malta, N.Y. technology company said Caulfield succeeds Ahmed Yahia, who will step down from the board and his role as chairman.
Breen, who has been with GlobalFoundries since 2018, and is currently its operating chief, succeeds Caulfield.
The company also named Niels Anderskouv as its president and COO.
These changes will become effective April 28, said the company.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 05, 2025 08:42 ET (13:42 GMT)
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