GLOBALFOUNDRIES Board of Directors Appoints Ajit Manocha Chi
GLOBALFOUNDRIES today announced that its Board of Directors has appointed Ajit Manocha as the company’s Chief Executive Officer on a permanent basis, effective immediately. He had served as interim CEO since June. Manocha is a veteran semiconductor industry executive with more than 30 years of global expertise in operations, general management, and manufacturing. As interim CEO, Manocha has played a critical role in strengthening GLOBALFOUNDRIES, focusing on improving operations, increasing customer engagement, and laying the groundwork for technology leadership in the future.
“Ajit’s efforts over the last four months – his passion, his energy, his leadership skills and his ability to help drive the business and its operations to a new level – make him the right person to lead GLOBALFOUNDRIES forward,” said Ibrahim Ajami, Vice Chairman of the Board and CEO of the Advanced Technology Investment Company, the majority shareholder in GLOBALFOUNDRIES. “With Ajit’s confirmation, ATIC remains committed to ensuring that GLOBALFOUNDRIES becomes an industry-changing platform of innovation, customers’ preferred choice, and the leading semiconductor foundry in the world.”
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