GlobalFoundries Names New CEO

Sanjay Jha, a former executive at Motorola Mobility and Qualcomm, has been named as the new chief executive of GlobalFoundries. In the position, Jha replaces Ajit Manocha, who served as CEO for the silicon foundry vendor since 2011. Manocha, who was an advisor to the company’s largest shareholder prior to being appointed CEO, will return to that role and will work closely with Jha on his ... » read more