GlobalFoundries appoints Tim Breen as CEO


FILE PHOTO: A view of the U.S. chipmaker GlobalFoundries' new fabrication plant in Singapore, September 12, 2023. REUTERS/Edgar Su/File Photo

(Reuters) - Contract chipmaker GlobalFoundries has appointed Tim Breen as its chief executive officer, the company said on Wednesday.

Breen will succeed Thomas Caulfield who will transition to become the company's executive chairman, while Niels Anderskouv will be appointed President and Chief Operating Officer.

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