While AMD is having trouble finding a replacement for ousted CEO Dirk Meyer, spin-off GlobalFoundries has just named a new management team, seemingly overnight.
Doug Grose, CEO since GlobalFoundries' inception, will be stepping aside and into a new role as "senior advisor to GLOBALFOUNDRIES and ATIC with a focus on technology leadership and ensuring delivery of next generation technologies for competitive differentiation." Ajit Manocha will fill in as interim CEO, alongside James A. Norling as Executive Chairman and Ibrahim Ajami as Vice Chairman. Manchoa has been an advisor to GloFo parent company ATIC, and he's also served on the board at Spansion.
According to the official press release, GloFo has already begun its search for a permanent CEO. Interestingly, new Vice Chairman Ibrahim Ajami will retain his position as CEO of ATIC, and ATIC intends to double its investment in GlobalFoundries over the next 18 months. By the end of 2012, ATIC expects to pour another $6 billion into foundries in Dresden, Singapore, New York, and Abu Dhabi.
|Acer's Aspire GX-281 lineup brings Ryzen to the masses||4|
|Galax and KFA2 induct the GTX 1080 Ti into the Hall of Fame||3|
|Deals of the week: discounts on CPUs, mobos, and more||1|
|Asetek gets $600,000 from Cooler Master in AIO cooler patent spat||6|
|Acer Predator Triton and Helios laptops are ready for serious play||5|
|Intel enjoys healthy revenue and profits for Q1 2017||27|
|Acer Predator X27 and Predator Z271UV displays report in||15|
|Razer Lancehead wireless mouse is ready to stalk its prey||5|
|Take Our Daughters and Sons to Work Day Shortbread||14|
|Unless Intel suddenly becomes very aggressive in its pricing, a Skylake-X will certainly cost a hell of a lot more than Ryzen CPU. And who cares if AM...||+63|