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GlobalFoundries (GF) announced that, effectively immediately, John Hollister, GF’s Chief Financial Officer, is leaving the company for personal reasons. Sam Franklin, GF’s Senior Vice President of Business Finance, Operations and Investor Relations, will assume the position of Interim Chief Financial Officer while the company conducts a search for a permanent CFO.
“We appreciate John’s valuable contributions to GF and we wish him the best. While the company determines a permanent successor, we are confident in Sam’s ability to serve as our Interim CFO given his deep experience and intimate familiarity with the company’s business, strategy and financial operations, which will be integral to facilitating a smooth transition in this role,” said Tim Breen, CEO of GlobalFoundries. “GF remains focused on our strategic priorities and delivering long-term value to our customers across end markets.”
